Watershed Private Wealth LLC lessened its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 33.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,010 shares of the company’s stock after selling 7,694 shares during the quarter. Watershed Private Wealth LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $816,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of SPMD. MorganRosel Wealth Management LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at $26,000. LRI Investments LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at $26,000. American National Bank & Trust purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at about $58,000. Russell Investments Group Ltd. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter valued at about $59,000. Finally, Hilltop National Bank purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at about $97,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $57.11 on Wednesday. The stock has a 50-day simple moving average of $56.71 and a 200-day simple moving average of $53.88. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $43.99 and a fifty-two week high of $59.94. The company has a market capitalization of $14.40 billion, a P/E ratio of 4.01 and a beta of 1.13.
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.
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