SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Sold by Balance Wealth LLC

Balance Wealth LLC lessened its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 58.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,501 shares of the company’s stock after selling 17,579 shares during the period. Balance Wealth LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $740,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SPMD. Louisiana State Employees Retirement System acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth about $9,558,000. Aegis Wealth Management Inc. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth about $245,000. Fiduciary Alliance LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 16.4% in the first quarter. Fiduciary Alliance LLC now owns 11,064 shares of the company’s stock worth $692,000 after acquiring an additional 1,561 shares during the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6.8% in the first quarter. Kestra Private Wealth Services LLC now owns 71,844 shares of the company’s stock worth $4,255,000 after acquiring an additional 4,598 shares during the last quarter. Finally, Higgins & Schmidt Wealth Strategies LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.3% in the 1st quarter. Higgins & Schmidt Wealth Strategies LLC now owns 222,433 shares of the company’s stock valued at $13,172,000 after acquiring an additional 5,066 shares during the period. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.9%

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $66.98 on Friday. The company has a fifty day moving average price of $64.82 and a 200 day moving average price of $61.99. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $53.68 and a twelve month high of $67.68. The stock has a market cap of $17.86 billion, a price-to-earnings ratio of 4.70 and a beta of 1.01.

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.