SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Bought by Hudson Valley Investment Advisors Inc. ADV

Hudson Valley Investment Advisors Inc. ADV boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 43.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,400 shares of the company’s stock after buying an additional 7,103 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,272,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. NBC Securities Inc. grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 109,166.7% in the first quarter. NBC Securities Inc. now owns 3,278 shares of the company’s stock valued at $167,000 after purchasing an additional 3,275 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at approximately $59,000. Global Financial Private Client LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 13.3% in the second quarter. Global Financial Private Client LLC now owns 12,196 shares of the company’s stock valued at $663,000 after purchasing an additional 1,431 shares during the last quarter. Sun Life Financial Inc. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at approximately $25,119,000. Finally, Signaturefd LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% in the second quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock valued at $175,000 after purchasing an additional 557 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD stock opened at $57.64 on Friday. The company’s 50 day simple moving average is $56.67 and its 200-day simple moving average is $53.80. The firm has a market capitalization of $14.50 billion, a PE ratio of 4.05 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 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.