SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Short Interest Update

SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 3,262,455 shares, a growth of 58.6% from the January 15th total of 2,057,107 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 3,365,229 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 3,365,229 shares, the short-interest ratio is presently 1.0 days. Approximately 1.2% of the shares of the company are sold short.

Institutional Trading of SPDR Portfolio S&P 400 Mid Cap ETF

Large investors have recently bought and sold shares of the company. Arete Wealth Advisors LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4.8% during the fourth quarter. Arete Wealth Advisors LLC now owns 12,954 shares of the company’s stock valued at $750,000 after purchasing an additional 595 shares during the last quarter. Jacobi Capital Management LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.6% in the fourth quarter. Jacobi Capital Management LLC now owns 55,868 shares of the company’s stock valued at $3,235,000 after purchasing an additional 2,979 shares during the period. Kestra Advisory Services LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.6% during the 4th quarter. Kestra Advisory Services LLC now owns 34,434 shares of the company’s stock valued at $1,994,000 after buying an additional 189 shares in the last quarter. CreativeOne Wealth LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6.2% during the 4th quarter. CreativeOne Wealth LLC now owns 28,170 shares of the company’s stock valued at $1,631,000 after buying an additional 1,656 shares in the last quarter. Finally, UMB Bank n.a. bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth approximately $95,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 1.0%

SPMD traded up $0.59 during trading on Friday, hitting $62.50. 3,027,145 shares of the company traded hands, compared to its average volume of 3,305,382. The firm has a market cap of $16.40 billion, a P/E ratio of 4.39 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $63.65. The stock’s fifty day moving average is $60.20 and its 200 day moving average is $57.99.

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.