SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Shares Sold by Cary Street Partners Investment Advisory LLC

Cary Street Partners Investment Advisory LLC cut its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 8.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 9,977 shares of the company’s stock after selling 873 shares during the period. Cary Street Partners Investment Advisory LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $458,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPMD. Captrust Financial Advisors increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 162.0% during the second quarter. Captrust Financial Advisors now owns 2,253 shares of the company’s stock worth $89,000 after acquiring an additional 1,393 shares during the last quarter. Financial Freedom LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at approximately $98,000. Formidable Asset Management LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at approximately $204,000. Tilia Fiduciary Partners Inc. grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.5% during the first quarter. Tilia Fiduciary Partners Inc. now owns 6,048 shares of the company’s stock worth $266,000 after buying an additional 316 shares in the last quarter. Finally, MAI Capital Management bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth $276,000.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD opened at $44.69 on Tuesday. The stock has a market capitalization of $6.61 billion, a PE ratio of 11.00 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $40.67 and a 12-month high of $47.99. The firm’s fifty day moving average price is $43.24 and its 200 day moving average price is $44.57.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.