Prime Capital Investment Advisors LLC reduced its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 38.1% during the second quarter, Holdings Channel.com reports. The firm owned 4,780 shares of the company’s stock after selling 2,944 shares during the period. Prime Capital Investment Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $260,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of SPMD. Vicus Capital raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.6% during the first quarter. Vicus Capital now owns 14,636 shares of the company’s stock valued at $749,000 after purchasing an additional 366 shares in the last quarter. PSI Advisors LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.7% during the first quarter. PSI Advisors LLC now owns 191,919 shares of the company’s stock valued at $9,822,000 after purchasing an additional 6,848 shares in the last quarter. Lumbard & Kellner LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 72.8% during the first quarter. Lumbard & Kellner LLC now owns 177,385 shares of the company’s stock valued at $9,079,000 after purchasing an additional 74,750 shares in the last quarter. Citizens & Northern Corp raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 3.8% in the first quarter. Citizens & Northern Corp now owns 291,195 shares of the company’s stock worth $14,903,000 after acquiring an additional 10,682 shares in the last quarter. Finally, Crews Bank & Trust raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% in the first quarter. Crews Bank & Trust now owns 380,046 shares of the company’s stock worth $19,451,000 after acquiring an additional 2,634 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.
SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 2.8%
Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $55.44 on Monday. The company’s 50-day moving average price is $56.80 and its two-hundred day moving average price is $53.98. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $59.94. The stock has a market cap of $14.00 billion, a PE ratio of 3.89 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.
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Want to see what other hedge funds are holding SPMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report).
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