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

Sterling Investment Advisors Ltd. reduced its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 1.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 32,510 shares of the company’s stock after selling 483 shares during the period. Sterling Investment Advisors Ltd.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,778,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arlington Trust Co LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth approximately $216,000. Mainstream Capital Management LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth $266,000. Flow Traders U.S. LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth $292,000. Creative Financial Designs Inc. ADV increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 52.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 6,326 shares of the company’s stock worth $346,000 after purchasing an additional 2,164 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth about $406,000.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.2 %

Shares of NYSEARCA:SPMD opened at $54.33 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $49.12 and a fifty-two week high of $59.94. The company has a market cap of $12.45 billion, a PE ratio of 19.25 and a beta of 1.13. The firm has a 50-day simple moving average of $55.85 and a 200 day simple moving average of $55.45.

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.