Tyche Wealth Partners LLC Trims Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Tyche Wealth Partners LLC lessened its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 8.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,663 shares of the company’s stock after selling 859 shares during the period. Tyche Wealth Partners LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $525,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SPMD. Exchange Traded Concepts LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $94,135,000. Wealthcare Advisory Partners LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 10.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,031,994 shares of the company’s stock worth $56,120,000 after buying an additional 94,311 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 131.0% during the second quarter. Farther Finance Advisors LLC now owns 971,121 shares of the company’s stock valued at $52,809,000 after buying an additional 550,634 shares during the period. First Command Advisory Services Inc. increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% during the first quarter. First Command Advisory Services Inc. now owns 954,186 shares of the company’s stock valued at $48,835,000 after buying an additional 142,724 shares during the period. Finally, Peterson Wealth Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.5% in the second quarter. Peterson Wealth Advisors LLC now owns 696,729 shares of the company’s stock valued at $37,888,000 after acquiring an additional 10,347 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $57.73 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $59.94. The firm’s 50-day moving average is $56.69 and its two-hundred day moving average is $53.86. The stock has a market cap of $14.56 billion, a price-to-earnings ratio of 4.05 and a beta of 1.13.

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.