Oarsman Capital Inc. Raises Holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Oarsman Capital Inc. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 10.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 120,032 shares of the company’s stock after acquiring an additional 10,891 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up 1.1% of Oarsman Capital Inc.’s portfolio, making the stock its 18th biggest position. Oarsman Capital Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $6,565,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 204.8% in the fourth quarter. Jones Financial Companies Lllp now owns 5,657 shares of the company’s stock worth $309,000 after acquiring an additional 3,801 shares in the last quarter. JPMorgan Chase & Co. raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 50.1% in the third quarter. JPMorgan Chase & Co. now owns 132,207 shares of the company’s stock valued at $7,229,000 after purchasing an additional 44,122 shares during the period. Millstone Evans Group LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth about $49,000. AdvisorNet Financial Inc boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.1% in the fourth quarter. AdvisorNet Financial Inc now owns 42,624 shares of the company’s stock worth $2,331,000 after buying an additional 4,273 shares during the period. Finally, Tilia Fiduciary Partners Inc. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 14.6% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 22,893 shares of the company’s stock valued at $1,252,000 after buying an additional 2,917 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $46.45 on Friday. The firm has a market capitalization of $10.96 billion, a PE ratio of 18.28 and a beta of 1.14. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $45.45 and a one year high of $59.94. The stock’s 50 day moving average price is $53.73 and its 200 day moving average price is $55.23.

SPDR Portfolio S&P 400 Mid Cap ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a $0.1796 dividend. The ex-dividend date of this dividend was Monday, March 24th.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.