Alliance Wealth Management Group Trims Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Alliance Wealth Management Group decreased its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 4.7% in the third quarter, Holdings Channel reports. The firm owned 37,010 shares of the company’s stock after selling 1,823 shares during the period. Alliance Wealth Management Group’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,024,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth about $297,000. Hudson Valley Investment Advisors Inc. ADV boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.5% during the second quarter. Hudson Valley Investment Advisors Inc. ADV now owns 11,248 shares of the company’s stock valued at $541,000 after purchasing an additional 1,161 shares in the last quarter. Curbstone Financial Management Corp increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% during the second quarter. Curbstone Financial Management Corp now owns 16,950 shares of the company’s stock valued at $870,000 after buying an additional 700 shares during the period. ST Germain D J Co. Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 9.7% in the second quarter. ST Germain D J Co. Inc. now owns 299,337 shares of the company’s stock worth $15,356,000 after buying an additional 26,528 shares in the last quarter. Finally, Marathon Strategic Advisors LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 3.8% during the second quarter. Marathon Strategic Advisors LLC now owns 119,870 shares of the company’s stock worth $6,149,000 after buying an additional 4,435 shares during the period.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.6 %

Shares of NYSEARCA:SPMD opened at $58.61 on Monday. The company has a market capitalization of $11.43 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 $44.51 and a 12-month high of $58.67. The business’s fifty day simple moving average is $55.42 and its 200-day simple moving average is $53.40.

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.