Global Retirement Partners LLC Reduces Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Global Retirement Partners LLC lessened its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 1.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 468,852 shares of the company’s stock after selling 8,279 shares during the quarter. Global Retirement Partners LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $27,151,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SPMD. JPMorgan Chase & Co. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 16.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 142,911 shares of the company’s stock worth $7,772,000 after buying an additional 20,429 shares during the last quarter. XTX Topco Ltd acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $206,000. Russell Investments Group Ltd. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 127.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,617 shares of the company’s stock worth $142,000 after acquiring an additional 1,466 shares during the period. Brown Advisory Inc. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $228,000. Finally, Jump Financial LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $2,915,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 1.9%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $63.83 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $51.63 and a twelve month high of $65.85. The stock has a 50 day moving average of $61.72 and a two-hundred day moving average of $60.38. The stock has a market capitalization of $17.02 billion, a price-to-earnings ratio of 4.48 and a beta of 1.02.

SPDR Portfolio S&P 400 Mid Cap ETF 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.