Arkansas Financial Group Inc. cut its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 4.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,445 shares of the company’s stock after selling 697 shares during the period. Arkansas Financial Group Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $803,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. NBC Securities Inc. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 109,166.7% in the first quarter. NBC Securities Inc. now owns 3,278 shares of the company’s stock valued at $167,000 after acquiring an additional 3,275 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at approximately $59,000. Global Financial Private Client LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 13.3% in the second quarter. Global Financial Private Client LLC now owns 12,196 shares of the company’s stock valued at $663,000 after acquiring an additional 1,431 shares in the last quarter. Sun Life Financial Inc. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at approximately $25,119,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 64.0% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 93,300 shares of the company’s stock valued at $4,775,000 after acquiring an additional 36,400 shares in the last quarter. 61.70% of the stock is owned by institutional investors.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.6%
SPMD stock opened at $56.68 on Friday. The firm has a market cap of $13.90 billion, a PE ratio of 3.98 and a beta of 1.13. The business has a 50 day moving average of $56.50 and a 200-day moving average of $53.55. 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.
Recommended Stories
- Five stocks we like better than SPDR Portfolio S&P 400 Mid Cap ETF
- Buy P&G Now, Before It Sets A New All-Time High
- Lower Rates Put RV Stocks Back in the Fast Lane
- Best Energy Stocks – Energy Stocks to Buy Now
- Alphabet: Time to Take Profits, Buy, or Wait for a Pullback?
- Trading Stocks: RSI and Why it’s Useful
- Hershey vs. Mondelez: Which Stock Wins Chocolate Season?
Want to see what other hedge funds are holding SPMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 400 Mid Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 400 Mid Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
