United Asset Strategies Inc. Sells 5,969 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

United Asset Strategies Inc. reduced its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 10.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,062 shares of the company’s stock after selling 5,969 shares during the quarter. United Asset Strategies Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,886,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SPMD. Bank of New York Mellon Corp lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 113.6% in the 1st quarter. Bank of New York Mellon Corp now owns 16,980 shares of the company’s stock worth $869,000 after purchasing an additional 9,029 shares in the last quarter. LRI Investments LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at $26,000. First Command Advisory Services Inc. increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% in the first quarter. First Command Advisory Services Inc. now owns 954,186 shares of the company’s stock worth $48,835,000 after purchasing an additional 142,724 shares during the period. Graypoint LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% in the first quarter. Graypoint LLC now owns 13,367 shares of the company’s stock worth $684,000 after buying an additional 220 shares in the last quarter. Finally, Jackson Creek Investment Advisors LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% in the first quarter. Jackson Creek Investment Advisors LLC now owns 15,531 shares of the company’s stock worth $795,000 after buying an additional 272 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.0%

Shares of NYSEARCA SPMD opened at $57.25 on Wednesday. The stock’s 50-day simple moving average is $57.22 and its two-hundred day simple moving average is $55.35. 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 firm has a market capitalization of $14.34 billion, a P/E ratio of 4.02 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.