BNP Paribas Financial Markets Trims Stock Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

BNP Paribas Financial Markets reduced its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 17.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 288,069 shares of the company’s stock after selling 62,900 shares during the period. BNP Paribas Financial Markets’ holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $16,682,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Impact Partnership Wealth LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.0% in the fourth quarter. Impact Partnership Wealth LLC now owns 641,279 shares of the company’s stock worth $37,136,000 after acquiring an additional 63,368 shares during the last quarter. Koss Olinger Consulting LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.0% in the fourth quarter. Koss Olinger Consulting LLC now owns 884,396 shares of the company’s stock worth $51,215,000 after acquiring an additional 17,070 shares during the last quarter. Zhang Financial LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% in the fourth quarter. Zhang Financial LLC now owns 176,251 shares of the company’s stock worth $10,207,000 after acquiring an additional 3,179 shares during the last quarter. Valpey Financial Services LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6,201.3% in the fourth quarter. Valpey Financial Services LLC now owns 814,448 shares of the company’s stock worth $47,165,000 after acquiring an additional 801,523 shares during the last quarter. Finally, Inspire Trust Co. N.A. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter worth $7,232,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 1.9%

NYSEARCA SPMD opened at $64.84 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $52.46 and a 12 month high of $66.31. The stock has a market cap of $17.29 billion, a P/E ratio of 4.55 and a beta of 1.01. The stock’s fifty day moving average price is $63.16 and its 200-day moving average price is $61.05.

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.