Western Wealth Management LLC Sells 38,853 Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Western Wealth Management LLC reduced its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 16.9% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 191,098 shares of the company’s stock after selling 38,853 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $9,780,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Global Financial Private Client LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.3% during the 1st quarter. Global Financial Private Client LLC now owns 10,765 shares of the company’s stock valued at $551,000 after buying an additional 243 shares in the last quarter. Butensky & Cohen Financial Security Inc. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 1.6% in the first quarter. Butensky & Cohen Financial Security Inc. now owns 18,186 shares of the company’s stock valued at $931,000 after acquiring an additional 293 shares during the last quarter. Fourth Dimension Wealth LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 3.8% during the first quarter. Fourth Dimension Wealth LLC now owns 9,017 shares of the company’s stock valued at $461,000 after purchasing an additional 330 shares in the last quarter. Curbstone Financial Management Corp raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the first quarter. Curbstone Financial Management Corp now owns 20,000 shares of the company’s stock valued at $1,024,000 after purchasing an additional 350 shares in the last quarter. Finally, Vicus Capital lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.6% during the first quarter. Vicus Capital now owns 14,636 shares of the company’s stock worth $749,000 after purchasing an additional 366 shares during the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.8%

SPMD opened at $53.51 on Thursday. The stock has a market capitalization of $12.85 billion, a P/E ratio of 18.47 and a beta of 1.06. The stock has a 50-day moving average price of $52.12 and a 200-day moving average price of $53.27. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $59.94.

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.