SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Stock Position Decreased by MMA Asset Management LLC

MMA Asset Management LLC cut its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 48.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,219 shares of the company’s stock after selling 34,385 shares during the period. MMA Asset Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,097,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ORG Partners LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $25,000. Ballast Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $26,000. Crewe Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after acquiring an additional 182 shares during the last quarter. Stone House Investment Management LLC increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock valued at $31,000 after acquiring an additional 197 shares during the last quarter. Finally, Optima Capital LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter valued at about $33,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA SPMD opened at $63.45 on Tuesday. The firm has a market cap of $16.92 billion, a price-to-earnings ratio of 4.46 and a beta of 1.02. The business’s 50-day simple moving average is $61.26 and its 200-day simple moving average is $59.79. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $50.70 and a 52 week high of $64.91.

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.