TPG Financial Advisors LLC lessened its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 5.7% during the second quarter, HoldingsChannel reports. The fund owned 178,508 shares of the company’s stock after selling 10,768 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF comprises approximately 3.9% of TPG Financial Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. TPG Financial Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $9,707,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sachetta LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 52,977.8% in the second quarter. Sachetta LLC now owns 14,331 shares of the company’s stock valued at $779,000 after purchasing an additional 14,304 shares during the last quarter. KPP Advisory Services LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at $234,000. Valeo Financial Advisors LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at $309,000. DAVENPORT & Co LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 15.7% in the second quarter. DAVENPORT & Co LLC now owns 7,441 shares of the company’s stock valued at $405,000 after purchasing an additional 1,010 shares during the last quarter. Finally, Valpey Financial Services LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at $710,000. Institutional investors and hedge funds own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $57.11 on Wednesday. The firm has a market capitalization of $14.40 billion, a price-to-earnings ratio of 4.01 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $43.99 and a fifty-two week high of $59.94. The stock’s fifty day moving average is $56.71 and its two-hundred day moving average is $53.88.
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.
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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).
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