State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Boston, MA, United States.
SPMD has IPO date of 2013-07-09, listed on the NYSE, a market capitalization of $15.88B.
State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is an exchange-traded fund that tracks the performance of mid-capitalization companies in the United States equity market through the S&P 400 index. Under normal market conditions, the fund invests at least 80% of its total assets directly in the securities that comprise the index, with the goal of closely replicating index performance. This ETF provides investors with broad exposure to the mid-cap segment of the U.S. stock market, offering a diversified portfolio of established companies with moderate market capitalization.