BCS Wealth Management Sells 15,704 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

BCS Wealth Management reduced its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 44.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,965 shares of the company’s stock after selling 15,704 shares during the quarter. BCS Wealth Management’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,182,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Nottingham Advisors Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 26.0% during the 1st quarter. Nottingham Advisors Inc. now owns 162,020 shares of the company’s stock worth $9,595,000 after acquiring an additional 33,395 shares during the period. Legacy Wealth Partners LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 7.2% during the 1st quarter. Legacy Wealth Partners LLC now owns 17,077 shares of the company’s stock worth $1,011,000 after purchasing an additional 1,150 shares in the last quarter. HHM Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% during the first quarter. HHM Wealth Advisors LLC now owns 814,372 shares of the company’s stock worth $48,227,000 after acquiring an additional 33,281 shares in the last quarter. Trinity Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.6% during the first quarter. Trinity Wealth Management LLC now owns 18,038 shares of the company’s stock worth $1,068,000 after buying an additional 280 shares during the period. Finally, Signal Advisors Wealth LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 9.3% during the 1st quarter. Signal Advisors Wealth LLC now owns 56,685 shares of the company’s stock worth $3,357,000 after acquiring an additional 4,841 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 1.0%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $65.97 on Wednesday. The company has a fifty day simple moving average of $64.66 and a 200 day simple moving average of $61.87. The company has a market cap of $17.59 billion, a P/E ratio of 4.63 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $53.42 and a 1-year 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.