MJP Associates Inc. ADV trimmed its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 94.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,852 shares of the company’s stock after selling 104,228 shares during the period. MJP Associates Inc. ADV’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $339,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of SPMD. Ballast Advisors LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $26,000. Crewe Advisors LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after purchasing an additional 182 shares in the last quarter. Stone House Investment Management LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% in the fourth quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after purchasing an additional 197 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at approximately $31,000. Finally, Optima Capital LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at approximately $33,000. 61.70% of the stock is owned by hedge funds and other institutional investors.
SPDR Portfolio S&P 400 Mid Cap ETF Price Performance
Shares of SPMD opened at $63.90 on Friday. The firm’s 50 day simple moving average is $61.80 and its 200 day simple moving average is $60.42. The company has a market capitalization of $17.04 billion, a P/E ratio of 4.49 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $51.63 and a 1-year high of $65.85.
About SPDR Portfolio S&P 400 Mid Cap ETF
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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