Prairie Sky Financial Group LLC Cuts Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Prairie Sky Financial Group LLC cut its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,097 shares of the company’s stock after selling 870 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 0.7% of Prairie Sky Financial Group LLC’s investment portfolio, making the stock its 21st largest position. Prairie Sky Financial Group LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,310,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Signaturefd LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% in the second quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock valued at $175,000 after purchasing an additional 557 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at $59,000. Global Financial Private Client LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 13.3% in the second quarter. Global Financial Private Client LLC now owns 12,196 shares of the company’s stock valued at $663,000 after purchasing an additional 1,431 shares in the last quarter. Sun Life Financial Inc. purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at $25,119,000. Finally, TFG Advisers LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.7% in the second quarter. TFG Advisers LLC now owns 9,275 shares of the company’s stock valued at $504,000 after purchasing an additional 332 shares in the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD stock opened at $57.04 on Wednesday. The firm has a fifty day moving average price of $56.87 and a 200 day moving average price of $54.04. 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 firm has a market cap of $14.40 billion, a PE ratio of 4.01 and a beta of 1.13.

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.