SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 846,222 shares of the company’s stock after selling 26,262 shares during the period. Private Advisor Group LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $50,113,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPMD. Creative Planning increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after buying an additional 4,903,905 shares during the last quarter. Auto Owners Insurance Co raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% in the fourth quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after buying an additional 75,993,600 shares in the last quarter. LPL Financial LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock worth $743,823,000 after buying an additional 173,911 shares during the last quarter. Morgan Stanley lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% during the 4th quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after buying an additional 6,634,293 shares during the last quarter. Finally, Valmark Advisers Inc. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% during the 4th quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock worth $407,787,000 after acquiring an additional 204,651 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD opened at $66.65 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $53.73 and a 1 year high of $67.68. The stock has a market cap of $18.14 billion, a P/E ratio of 4.68 and a beta of 1.00. The stock has a 50-day simple moving average of $65.17 and a 200-day simple moving average of $62.28.

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.