SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Stock: Jacksonville Wealth Management LLC Increases Position

Jacksonville Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 23.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 121,273 shares of the company’s stock after acquiring an additional 22,736 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 4.0% of Jacksonville Wealth Management LLC’s holdings, making the stock its 7th largest holding. Jacksonville Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $7,645,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valmark Advisers Inc. lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% during the first quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock worth $427,289,000 after purchasing an additional 173,551 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,488,056 shares of the company’s stock valued at $303,213,000 after purchasing an additional 340,186 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,230,591 shares of the company’s stock valued at $83,139,000 after purchasing an additional 48,386 shares in the last quarter. Koss Olinger Consulting LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 20.2% during the 1st quarter. Koss Olinger Consulting LLC now owns 1,063,343 shares of the company’s stock worth $62,971,000 after buying an additional 178,947 shares during the period. Finally, Greenleaf Trust purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth $65,741,000. 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 stock opened at $65.34 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $54.53 and a 12 month high of $68.97. The firm has a market capitalization of $18.95 billion, a P/E ratio of 4.59 and a beta of 1.01. The company’s fifty day moving average price is $64.55 and its two-hundred day moving average price is $64.04.

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.