SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. reduced its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDFree Report) by 14.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 93,800 shares of the company’s stock after selling 15,900 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $5,364,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth approximately $25,000. Compass Financial Services Inc purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at about $30,000. Twin Peaks Wealth Advisors LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter worth about $32,000. Bernard Wealth Management Corp. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $32,000. Finally, Pineridge Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at about $37,000. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.3%

Shares of SPMD stock opened at $61.46 on Friday. The stock has a 50 day moving average of $58.38 and a two-hundred day moving average of $57.20. The company has a market capitalization of $16.02 billion, a P/E ratio of 4.32 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $61.87.

SPDR Portfolio S&P 400 Mid Cap ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

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