Sumitomo Mitsui Trust Group Inc. Sells 15,900 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 14.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 93,800 shares of the company’s stock after selling 15,900 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $5,364,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. My Legacy Advisors LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $202,000. Butensky & Cohen Financial Security Inc. raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 4.6% in the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 19,027 shares of the company’s stock worth $1,035,000 after purchasing an additional 841 shares during the period. Windsor Capital Management LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% in the 2nd quarter. Windsor Capital Management LLC now owns 176,356 shares of the company’s stock worth $9,590,000 after buying an additional 775 shares during the period. Farther Finance Advisors LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 131.0% during the second quarter. Farther Finance Advisors LLC now owns 971,121 shares of the company’s stock valued at $52,809,000 after acquiring an additional 550,634 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% during the 2nd quarter. Park Avenue Securities LLC now owns 194,442 shares of the company’s stock worth $10,574,000 after buying an additional 4,697 shares in the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.3%

Shares of NYSEARCA:SPMD opened at $61.46 on Friday. The company has a market capitalization of $16.02 billion, a PE ratio of 4.32 and a beta of 1.07. The business’s fifty day simple moving average is $58.38 and its 200-day simple moving average is $57.20. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $61.87.

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.