Atlas Private Wealth Advisors Sells 897,408 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Atlas Private Wealth Advisors lowered its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 63.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 525,712 shares of the company’s stock after selling 897,408 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 7.4% of Atlas Private Wealth Advisors’ investment portfolio, making the stock its biggest position. Atlas Private Wealth Advisors owned about 0.21% of SPDR Portfolio S&P 400 Mid Cap ETF worth $30,065,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth approximately $25,000. Compass Financial Services Inc purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at $30,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $32,000. Bernard Wealth Management Corp. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth $32,000. Finally, Pineridge Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter worth $37,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

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

SPMD stock opened at $60.25 on Friday. The company has a market cap of $15.78 billion, a PE ratio of 4.23 and a beta of 1.07. The stock has a 50-day moving average price of $59.37 and a two-hundred day moving average price of $57.56. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $62.33.

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.