BIP Wealth LLC Sells 2,797 Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

BIP Wealth LLC lessened its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDFree Report) by 9.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,657 shares of the company’s stock after selling 2,797 shares during the quarter. BIP Wealth LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,124,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SPMD. Captrust Financial Advisors lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 14,693.0% in the third quarter. Captrust Financial Advisors now owns 333,287 shares of the company’s stock worth $12,852,000 after buying an additional 331,034 shares in the last quarter. ST Germain D J Co. Inc. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth $10,303,000. JPMorgan Chase & Co. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth $9,829,000. IHT Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 168.8% in the first quarter. IHT Wealth Management LLC now owns 316,963 shares of the company’s stock worth $13,927,000 after buying an additional 199,053 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 65.8% in the second quarter. Integrated Wealth Concepts LLC now owns 238,659 shares of the company’s stock worth $10,952,000 after buying an additional 94,680 shares in the last quarter.

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

SPDR Portfolio S&P 400 Mid Cap ETF stock traded up $0.33 during mid-day trading on Friday, reaching $49.22. 690,717 shares of the company’s stock traded hands, compared to its average volume of 1,117,818. The company has a market cap of $7.27 billion, a price-to-earnings ratio of 11.00 and a beta of 1.13. The stock has a 50 day moving average of $47.92 and a two-hundred day moving average of $45.73. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $40.67 and a 12-month high of $49.33.

About SPDR Portfolio S&P 400 Mid Cap ETF

(Free Report)

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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Institutional Ownership by Quarter for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

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