SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) is PSI Advisors LLC’s 9th Largest Position

PSI Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 9.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 178,032 shares of the company’s stock after buying an additional 15,388 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 2.9% of PSI Advisors LLC’s investment portfolio, making the stock its 9th largest holding. PSI Advisors LLC owned approximately 0.09% of SPDR Portfolio S&P 400 Mid Cap ETF worth $9,133,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Tennessee Valley Asset Management Partners purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth about $181,000. IAG Wealth Partners LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 7.8% in the 4th quarter. IAG Wealth Partners LLC now owns 144,887 shares of the company’s stock valued at $7,059,000 after buying an additional 10,454 shares during the period. Fernwood Investment Management LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 10.3% in the fourth quarter. Fernwood Investment Management LLC now owns 14,226 shares of the company’s stock worth $693,000 after purchasing an additional 1,324 shares in the last quarter. Hexagon Capital Partners LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter valued at $43,000. Finally, Eldridge Investment Advisors Inc. increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 264.4% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 29,624 shares of the company’s stock valued at $1,443,000 after purchasing an additional 21,495 shares during the period.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD traded down $0.32 during trading hours on Thursday, reaching $53.18. The company’s stock had a trading volume of 618,649 shares, compared to its average volume of 1,135,238. The company has a market capitalization of $10.37 billion, a P/E ratio of 16.59 and a beta of 1.08. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $40.67 and a 12 month high of $55.12. The stock has a 50 day moving average price of $52.09 and a two-hundred day moving average price of $51.57.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.