Texas Yale Capital Corp. Acquires New Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Texas Yale Capital Corp. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,150 shares of the company’s stock, valued at approximately $389,000.

Other hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 113.6% during the first quarter. Bank of New York Mellon Corp now owns 16,980 shares of the company’s stock valued at $869,000 after acquiring an additional 9,029 shares in the last quarter. Exchange Capital Management Inc. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 9.3% in the first quarter. Exchange Capital Management Inc. now owns 205,914 shares of the company’s stock worth $10,539,000 after purchasing an additional 17,544 shares in the last quarter. LRI Investments LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth $26,000. First Command Advisory Services Inc. raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% during the 1st quarter. First Command Advisory Services Inc. now owns 954,186 shares of the company’s stock valued at $48,835,000 after purchasing an additional 142,724 shares in the last quarter. Finally, Graypoint LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% during the 1st quarter. Graypoint LLC now owns 13,367 shares of the company’s stock valued at $684,000 after purchasing an additional 220 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.2%

Shares of SPMD stock opened at $56.90 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $43.99 and a twelve month high of $59.94. The stock has a fifty day simple moving average of $57.21 and a two-hundred day simple moving average of $55.15. The stock has a market capitalization of $14.25 billion, a price-to-earnings ratio of 4.00 and a beta of 1.07.

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.