Carnegie Investment Counsel Increases Stock Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Carnegie Investment Counsel increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,985 shares of the company’s stock after buying an additional 3,411 shares during the period. Carnegie Investment Counsel’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $7,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Valmark Advisers Inc. lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% during the 2nd quarter. Valmark Advisers Inc. now owns 6,643,917 shares of the company’s stock valued at $361,296,000 after buying an additional 274,765 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at approximately $94,135,000. Wealthcare Advisory Partners LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 10.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,031,994 shares of the company’s stock valued at $56,120,000 after buying an additional 94,311 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 131.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 971,121 shares of the company’s stock valued at $52,809,000 after buying an additional 550,634 shares in the last quarter. Finally, First Command Advisory Services Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% in the 1st quarter. First Command Advisory Services Inc. now owns 954,186 shares of the company’s stock valued at $48,835,000 after purchasing an additional 142,724 shares during 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 Performance

Shares of SPMD stock opened at $57.83 on Friday. The stock’s fifty day moving average is $57.14 and its two-hundred day moving average is $54.46. The firm has a market capitalization of $14.59 billion, a P/E ratio of 4.06 and a beta of 1.13. 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.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.