SPDR Portfolio S&P 400 Mid Cap ETF $SPMD is Texas Permanent School Fund Corp’s 3rd Largest Position

Texas Permanent School Fund Corp boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 0.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,994,283 shares of the company’s stock after buying an additional 12,240 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 7.9% of Texas Permanent School Fund Corp’s holdings, making the stock its 3rd biggest position. Texas Permanent School Fund Corp owned approximately 1.14% of SPDR Portfolio S&P 400 Mid Cap ETF worth $173,399,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock worth $7,772,000 after purchasing an additional 20,429 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $206,000. Russell Investments Group Ltd. increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock worth $142,000 after purchasing an additional 1,466 shares during the last quarter. Brown Advisory Inc. acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $228,000. Finally, Jump Financial LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $2,915,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD opened at $66.68 on Monday. The company’s fifty day moving average is $63.85 and its 200-day moving average is $61.45. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $52.46 and a 12 month high of $66.99. The firm has a market cap of $17.78 billion, a price-to-earnings ratio of 4.68 and a beta of 1.01.

SPDR Portfolio S&P 400 Mid Cap ETF Company Profile

The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies selected by the S&P Committee. SPMD was launched on Nov 8, 2005 and is managed by State Street.