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

RFG Advisory LLC lessened its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 8.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 347,950 shares of the company’s stock after selling 33,154 shares during the period. RFG Advisory LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $20,606,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Auto Owners Insurance Co boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% during the 4th quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock worth $4,461,016,000 after purchasing an additional 75,993,600 shares during the period. Morgan Stanley raised its position in 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 valued at $568,923,000 after purchasing an additional 6,634,293 shares during the period. Creative Planning raised its position in 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 valued at $5,030,779,000 after purchasing an additional 4,903,905 shares during the period. Valpey Financial Services LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 6,201.3% in the fourth quarter. Valpey Financial Services LLC now owns 814,448 shares of the company’s stock valued at $47,165,000 after purchasing an additional 801,523 shares during the period. Finally, Greenleaf Trust lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1,293.1% during the fourth quarter. Greenleaf Trust now owns 801,325 shares of the company’s stock worth $46,405,000 after purchasing an additional 743,806 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA SPMD opened at $66.37 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $53.42 and a 1-year high of $67.68. The business has a 50-day moving average of $64.73 and a 200-day moving average of $61.93. The company has a market capitalization of $17.70 billion, a price-to-earnings ratio of 4.66 and a beta of 1.01.

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.