UNIVEST FINANCIAL Corp Sells 25,751 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

UNIVEST FINANCIAL Corp cut its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 75.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,515 shares of the company’s stock after selling 25,751 shares during the period. UNIVEST FINANCIAL Corp’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $504,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Citizens Financial Group Inc. RI lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.3% in the first quarter. Citizens Financial Group Inc. RI now owns 23,390 shares of the company’s stock valued at $1,385,000 after acquiring an additional 311 shares during the period. Fifth Third Bancorp grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% during the 1st quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock valued at $16,806,000 after purchasing an additional 53,264 shares during the period. Rossmore Private Capital grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 63.3% during the 1st quarter. Rossmore Private Capital now owns 2,579 shares of the company’s stock valued at $153,000 after purchasing an additional 1,000 shares during the period. Simplicity Wealth LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% during the 1st quarter. Simplicity Wealth LLC now owns 53,952 shares of the company’s stock valued at $3,195,000 after purchasing an additional 8,065 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 41.3% during the 1st quarter. Kestra Advisory Services LLC now owns 48,644 shares of the company’s stock valued at $2,881,000 after purchasing an additional 14,210 shares during the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA:SPMD opened at $66.29 on Monday. The stock has a market capitalization of $18.13 billion, a PE ratio of 4.66 and a beta of 1.00. The firm’s 50 day moving average price is $65.50 and its 200-day moving average price is $62.61. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $53.73 and a twelve month high of $67.68.

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.