PSI Advisors LLC Boosts Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

PSI Advisors LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 185,071 shares of the company’s stock after purchasing an additional 3,824 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 3.0% of PSI Advisors LLC’s investment portfolio, making the stock its 8th biggest position. PSI Advisors LLC owned about 0.09% of SPDR Portfolio S&P 400 Mid Cap ETF worth $10,122,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in SPMD. Ashton Thomas Private Wealth LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at $60,000. M&R Capital Management Inc. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 70.4% in the third quarter. M&R Capital Management Inc. now owns 2,096 shares of the company’s stock valued at $115,000 after purchasing an additional 866 shares in the last quarter. Marshall Wace LLP acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $211,000. Arlington Trust Co LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth about $216,000. Finally, Mainstream Capital Management LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $266,000.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.8 %

Shares of SPMD stock opened at $54.74 on Tuesday. The company’s fifty day simple moving average is $56.76 and its 200-day simple moving average is $54.56. The firm has a market cap of $10.67 billion, a PE ratio of 16.59 and a beta of 1.08. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $46.81 and a 12 month high of $59.94.

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.