SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Sold by Financial Freedom LLC

Financial Freedom LLC trimmed its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 34.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,199 shares of the company’s stock after selling 2,696 shares during the quarter. Financial Freedom LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $283,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Courier Capital LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% in the second quarter. Courier Capital LLC now owns 10,830 shares of the company’s stock valued at $589,000 after purchasing an additional 183 shares during the period. Spectrum Planning & Advisory Services Inc. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.2% during the 2nd quarter. Spectrum Planning & Advisory Services Inc. now owns 4,608 shares of the company’s stock worth $251,000 after buying an additional 185 shares during the period. Post Resch Tallon Group Inc. lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% during the 2nd quarter. Post Resch Tallon Group Inc. now owns 47,237 shares of the company’s stock worth $2,569,000 after buying an additional 187 shares in the last quarter. Rothschild Investment LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 37.4% in the 2nd quarter. Rothschild Investment LLC now owns 727 shares of the company’s stock valued at $40,000 after buying an additional 198 shares during the period. Finally, Narus Financial Partners LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% in the second quarter. Narus Financial Partners LLC now owns 9,474 shares of the company’s stock worth $515,000 after acquiring an additional 205 shares in the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.5%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $58.11 on Friday. The firm has a market capitalization of $14.56 billion, a P/E ratio of 4.08 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.55. The stock’s fifty day simple moving average is $56.93 and its 200-day simple moving average is $55.80.

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.