SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Sold by Orion Capital Management LLC

Orion Capital Management LLC trimmed its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 9.4% during the second quarter, Holdings Channel reports. The fund owned 5,615 shares of the company’s stock after selling 585 shares during the quarter. Orion Capital Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPMD. Creative Financial Designs Inc. ADV raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 23.4% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 12,396 shares of the company’s stock valued at $634,000 after purchasing an additional 2,354 shares in the last quarter. Golden State Wealth Management LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 32.0% in the first quarter. Golden State Wealth Management LLC now owns 68,684 shares of the company’s stock valued at $3,515,000 after acquiring an additional 16,670 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 64.0% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 93,300 shares of the company’s stock valued at $4,775,000 after acquiring an additional 36,400 shares during the last quarter. MorganRosel Wealth Management LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth $26,000. Finally, Bank of New York Mellon Corp raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 113.6% in the 1st quarter. Bank of New York Mellon Corp now owns 16,980 shares of the company’s stock valued at $869,000 after purchasing an additional 9,029 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.6%

Shares of NYSEARCA SPMD opened at $57.83 on Friday. The stock’s 50 day moving average price is $57.14 and its two-hundred day moving average price is $54.53. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $43.99 and a 52-week high of $59.94. The stock has a market capitalization of $14.59 billion, a P/E ratio of 4.06 and a beta of 1.13.

SPDR Portfolio S&P 400 Mid Cap ETF 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.