RFG Advisory LLC Decreases Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

RFG Advisory LLC lessened its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 6.4% in the second quarter, Holdings Channel reports. The firm owned 325,572 shares of the company’s stock after selling 22,378 shares during the period. RFG Advisory LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $21,996,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Auto Owners Insurance Co lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% during the fourth quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after buying an additional 75,993,600 shares in the last quarter. Morgan Stanley increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% in the fourth quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after acquiring an additional 6,634,293 shares in the last quarter. Creative Planning increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after acquiring an additional 4,903,905 shares in the last quarter. Valpey Financial Services LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6,201.3% in the 4th quarter. Valpey Financial Services LLC now owns 814,448 shares of the company’s stock valued at $47,165,000 after acquiring an additional 801,523 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4,299.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 663,452 shares of the company’s stock valued at $38,429,000 after acquiring an additional 648,370 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.6%

NYSEARCA:SPMD opened at $66.05 on Wednesday. The firm has a market capitalization of $18.28 billion, a price-to-earnings ratio of 4.64 and a beta of 1.01. The firm’s fifty day simple moving average is $66.77 and its 200 day simple moving average is $64.40. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $54.53 and a twelve month high of $68.97.

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.