Crestwood Advisors Group LLC Sells 16,282 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Crestwood Advisors Group LLC cut its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 24.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,634 shares of the company’s stock after selling 16,282 shares during the period. Crestwood Advisors Group LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,808,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Courier Capital LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% during the second quarter. Courier Capital LLC now owns 10,830 shares of the company’s stock valued at $589,000 after buying an additional 183 shares during the period. Spectrum Planning & Advisory Services Inc. increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.2% during the second quarter. Spectrum Planning & Advisory Services Inc. now owns 4,608 shares of the company’s stock valued at $251,000 after buying an additional 185 shares during the period. Post Resch Tallon Group Inc. increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% during the second quarter. Post Resch Tallon Group Inc. now owns 47,237 shares of the company’s stock valued at $2,569,000 after buying an additional 187 shares during the period. Narus Financial Partners LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% during the second quarter. Narus Financial Partners LLC now owns 9,474 shares of the company’s stock valued at $515,000 after buying an additional 205 shares during the period. Finally, Graypoint LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% during the first quarter. Graypoint LLC now owns 13,367 shares of the company’s stock valued at $684,000 after buying an additional 220 shares during the period. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.7%

Shares of SPMD opened at $56.78 on Thursday. The business’s 50-day moving average price is $57.24 and its 200-day moving average price is $55.07. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.94. The stock has a market cap of $14.22 billion, a PE ratio of 3.99 and a beta of 1.07.

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.