Retirement Financial Solutions LLC Cuts Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Retirement Financial Solutions LLC trimmed its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 48.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 192,961 shares of the company’s stock after selling 179,006 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 3.3% of Retirement Financial Solutions LLC’s portfolio, making the stock its 12th largest holding. Retirement Financial Solutions LLC owned about 0.07% of SPDR Portfolio S&P 400 Mid Cap ETF worth $11,427,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Realta Investment Advisors lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% during the first quarter. Realta Investment Advisors now owns 513 shares of the company’s stock worth $30,000 after purchasing an additional 340 shares in the last quarter. Crewe Advisors LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the fourth quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after buying an additional 182 shares in the last quarter. Stone House Investment Management LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after acquiring an additional 197 shares in the last quarter. Elyxium Wealth LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter valued at about $31,000. Finally, Optima Capital LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA:SPMD opened at $66.65 on Friday. The stock has a market capitalization of $18.17 billion, a price-to-earnings ratio of 4.68 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $53.73 and a 1-year high of $67.68. The company’s fifty day moving average is $65.23 and its two-hundred day moving average is $62.31.

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.