Sterling Investment Advisors Ltd. Boosts Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Sterling Investment Advisors Ltd. raised its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 7.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 32,993 shares of the company’s stock after purchasing an additional 2,294 shares during the period. Sterling Investment Advisors Ltd.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,804,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 36.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 20,474 shares of the company’s stock valued at $1,092,000 after buying an additional 5,507 shares in the last quarter. Global Financial Private Client LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% during the second quarter. Global Financial Private Client LLC now owns 10,145 shares of the company’s stock valued at $520,000 after acquiring an additional 244 shares during the last quarter. M&R Capital Management Inc. increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 70.4% during the 3rd quarter. M&R Capital Management Inc. now owns 2,096 shares of the company’s stock worth $115,000 after purchasing an additional 866 shares in the last quarter. Johnson Investment Counsel Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 7,354 shares of the company’s stock valued at $377,000 after purchasing an additional 304 shares during the last quarter. Finally, Edmonds Duncan Registered Investment Advisors LLC raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 1.6% in the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 61,770 shares of the company’s stock valued at $3,295,000 after purchasing an additional 983 shares during the last quarter.

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

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock traded down $0.34 during mid-day trading on Friday, hitting $54.48. 994,719 shares of the stock were exchanged, compared to its average volume of 1,136,926. The stock has a market capitalization of $10.62 billion, a price-to-earnings ratio of 16.59 and a beta of 1.08. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $40.67 and a twelve month high of $56.19. The company has a 50-day simple moving average of $54.08 and a 200 day simple moving average of $52.59.

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.