Thompson Davis & CO. Inc. trimmed its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 28.0% in the second quarter, Holdings Channel.com reports. The fund owned 6,950 shares of the company’s stock after selling 2,700 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $378,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPMD. LRI Investments LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at approximately $26,000. Legacy Wealth Managment LLC ID grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 3,078.1% in the second quarter. Legacy Wealth Managment LLC ID now owns 1,017 shares of the company’s stock valued at $55,000 after acquiring an additional 985 shares during the period. American National Bank & Trust bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at $58,000. Russell Investments Group Ltd. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth about $59,000. Finally, Hilltop National Bank bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at approximately $97,000. Institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
Shares of SPMD stock opened at $57.35 on Thursday. The stock’s fifty day moving average is $57.23 and its 200-day moving average is $55.36. The stock has a market capitalization of $14.37 billion, a PE ratio of 4.03 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $59.94.
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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