SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Stock Price Down 0.3% – What’s Next?

SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDGet Free Report)’s share price traded down 0.3% during trading on Thursday . The company traded as low as $54.37 and last traded at $54.55. 1,406,479 shares changed hands during mid-day trading, an increase of 23% from the average session volume of 1,142,627 shares. The stock had previously closed at $54.69.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

The stock has a market cap of $10.77 billion, a PE ratio of 16.59 and a beta of 1.08. The firm’s 50-day moving average is $56.74 and its 200 day moving average is $54.39.

Institutional Investors Weigh In On SPDR Portfolio S&P 400 Mid Cap ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 50.1% during the third quarter. JPMorgan Chase & Co. now owns 132,207 shares of the company’s stock worth $7,229,000 after purchasing an additional 44,122 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at $292,000. Private Trust Co. NA raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 6.5% during the 3rd quarter. Private Trust Co. NA now owns 21,850 shares of the company’s stock worth $1,195,000 after buying an additional 1,339 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7.2% in the 3rd quarter. Avior Wealth Management LLC now owns 187,913 shares of the company’s stock worth $10,275,000 after acquiring an additional 12,596 shares during the period. Finally, BIP Wealth LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 30.0% in the third quarter. BIP Wealth LLC now owns 23,832 shares of the company’s stock valued at $1,303,000 after acquiring an additional 5,505 shares in the last quarter.

About SPDR Portfolio S&P 400 Mid Cap ETF

(Get Free Report)

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.

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