SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Shares Sold by Towercrest Capital Management

Towercrest Capital Management reduced its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 4.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,114 shares of the company’s stock after selling 2,111 shares during the period. Towercrest Capital Management’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,467,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. North Star Asset Management Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 16.2% in the second quarter. North Star Asset Management Inc. now owns 344,009 shares of the company’s stock valued at $17,648,000 after acquiring an additional 47,980 shares in the last quarter. ST Germain D J Co. Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.3% in the third quarter. ST Germain D J Co. Inc. now owns 315,168 shares of the company’s stock valued at $17,233,000 after acquiring an additional 15,831 shares in the last quarter. Citizens & Northern Corp raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 8.7% in the second quarter. Citizens & Northern Corp now owns 277,696 shares of the company’s stock valued at $14,246,000 after buying an additional 22,217 shares in the last quarter. Farther Finance Advisors LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 44.9% in the third quarter. Farther Finance Advisors LLC now owns 235,563 shares of the company’s stock valued at $12,881,000 after buying an additional 72,988 shares in the last quarter. Finally, Avior Wealth Management LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 7.2% in the third quarter. Avior Wealth Management LLC now owns 187,913 shares of the company’s stock valued at $10,275,000 after buying an additional 12,596 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $58.61 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $44.51 and a 1-year high of $58.67. The stock has a market cap of $11.43 billion, a PE ratio of 16.59 and a beta of 1.08. The stock’s fifty day moving average is $55.42 and its two-hundred day moving average is $53.39.

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.