Private Wealth Group LLC lessened its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 15.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 134,270 shares of the company’s stock after selling 24,263 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 3.9% of Private Wealth Group LLC’s investment portfolio, making the stock its 7th biggest position. Private Wealth Group LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $7,302,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. MorganRosel Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at $26,000. LRI Investments LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at $26,000. American National Bank & Trust acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at $58,000. Russell Investments Group Ltd. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at $59,000. Finally, Hilltop National Bank acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at $97,000. Institutional investors and hedge funds own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.3%
NYSEARCA SPMD opened at $57.64 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.94. The company has a market cap of $14.50 billion, a price-to-earnings ratio of 4.05 and a beta of 1.13. The business’s fifty day moving average is $56.67 and its 200 day moving average is $53.81.
About SPDR Portfolio S&P 400 Mid Cap ETF
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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