Goldstein Advisors LLC Decreases Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Goldstein Advisors LLC lessened its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 5.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 9,406 shares of the company’s stock after selling 524 shares during the quarter. Goldstein Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $511,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Courier Capital LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% during the second quarter. Courier Capital LLC now owns 10,830 shares of the company’s stock worth $589,000 after buying an additional 183 shares during the last quarter. Spectrum Planning & Advisory Services Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 4.2% during the second quarter. Spectrum Planning & Advisory Services Inc. now owns 4,608 shares of the company’s stock worth $251,000 after purchasing an additional 185 shares during the period. Post Resch Tallon Group Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% during the second quarter. Post Resch Tallon Group Inc. now owns 47,237 shares of the company’s stock worth $2,569,000 after purchasing an additional 187 shares during the period. Narus Financial Partners LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% during the second quarter. Narus Financial Partners LLC now owns 9,474 shares of the company’s stock worth $515,000 after purchasing an additional 205 shares during the period. Finally, Graypoint LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% during the first quarter. Graypoint LLC now owns 13,367 shares of the company’s stock worth $684,000 after purchasing an additional 220 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.2%

Shares of NYSEARCA:SPMD opened at $56.51 on Friday. The firm has a market capitalization of $14.15 billion, a PE ratio of 3.97 and a beta of 1.13. 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 company has a 50-day moving average price of $56.98 and a two-hundred day moving average price of $54.14.

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.