SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Position Decreased by Advisory Alpha LLC

Advisory Alpha LLC decreased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 13,984 shares of the company’s stock after selling 492 shares during the period. Advisory Alpha LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $761,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Facet Wealth Inc. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 10.4% during the 2nd quarter. Facet Wealth Inc. now owns 2,726,120 shares of the company’s stock worth $150,618,000 after buying an additional 257,924 shares during the period. Koss Olinger Consulting LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 0.8% during the 2nd quarter. Koss Olinger Consulting LLC now owns 874,665 shares of the company’s stock worth $47,564,000 after buying an additional 6,854 shares during the period. First Command Advisory Services Inc. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 19.4% during the 2nd quarter. First Command Advisory Services Inc. now owns 1,139,430 shares of the company’s stock worth $61,962,000 after buying an additional 185,244 shares during the period. Envestnet Asset Management Inc. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock worth $146,720,000 after buying an additional 555,823 shares during the period. Finally, Resonant Capital Advisors LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 25.2% during the 2nd quarter. Resonant Capital Advisors LLC now owns 109,559 shares of the company’s stock worth $5,958,000 after buying an additional 22,069 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.9%

NYSEARCA SPMD opened at $57.53 on Wednesday. The stock’s 50-day moving average price is $57.21 and its two-hundred day moving average price is $54.71. The company has a market cap of $14.51 billion, a PE ratio of 4.04 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $59.94.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.