M Holdings Securities Inc. Sells 144,836 Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

M Holdings Securities Inc. decreased its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 94.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,944 shares of the company’s stock after selling 144,836 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 0.3% of M Holdings Securities Inc.’s portfolio, making the stock its 23rd biggest holding. M Holdings Securities Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $434,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SPMD. Millstone Evans Group LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth about $49,000. Creative Financial Designs Inc. ADV grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 58.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 10,042 shares of the company’s stock worth $549,000 after acquiring an additional 3,716 shares in the last quarter. Eldridge Investment Advisors Inc. grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 24.5% in the fourth quarter. Eldridge Investment Advisors Inc. now owns 15,389 shares of the company’s stock worth $842,000 after acquiring an additional 3,028 shares in the last quarter. Madison Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth approximately $2,637,000. Finally, IAG Wealth Partners LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 2.3% during the fourth quarter. IAG Wealth Partners LLC now owns 182,901 shares of the company’s stock valued at $10,003,000 after purchasing an additional 4,155 shares during the period.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA:SPMD opened at $51.76 on Friday. The firm has a market capitalization of $12.02 billion, a price-to-earnings ratio of 18.28 and a beta of 1.14. The business has a 50 day simple moving average of $54.84 and a 200-day simple moving average of $55.34. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $49.12 and a 1 year high of $59.94.

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.