Brio Consultants LLC Sells 19,873 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Brio Consultants LLC reduced its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 40.1% during the second quarter, Holdings Channel.com reports. The institutional investor owned 29,630 shares of the company’s stock after selling 19,873 shares during the period. Brio Consultants LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,611,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Exchange Traded Concepts LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $94,135,000. Hills Bank & Trust Co raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 96.5% in the 2nd quarter. Hills Bank & Trust Co now owns 1,195,251 shares of the company’s stock worth $64,998,000 after purchasing an additional 586,903 shares during the period. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock valued at $146,720,000 after purchasing an additional 555,823 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 131.0% during the second quarter. Farther Finance Advisors LLC now owns 971,121 shares of the company’s stock valued at $52,809,000 after purchasing an additional 550,634 shares during the period. Finally, Sun Life Financial Inc. purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter worth $25,119,000. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD opened at $56.90 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $59.94. The stock’s fifty day moving average price is $57.21 and its two-hundred day moving average price is $55.20. The firm has a market cap of $14.25 billion, a PE 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.