Global Financial Private Client LLC Raises Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Global Financial Private Client LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,145 shares of the company’s stock after buying an additional 244 shares during the period. Global Financial Private Client LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $520,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SPMD. Emprise Bank acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at about $225,000. F M Investments LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $631,000. PSI Advisors LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 9.5% in the 2nd quarter. PSI Advisors LLC now owns 178,032 shares of the company’s stock valued at $9,133,000 after acquiring an additional 15,388 shares during the last quarter. Exchange Capital Management Inc. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 43.0% in the 2nd quarter. Exchange Capital Management Inc. now owns 121,457 shares of the company’s stock worth $6,231,000 after purchasing an additional 36,540 shares in the last quarter. Finally, Vicus Capital boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.4% during the 2nd quarter. Vicus Capital now owns 13,366 shares of the company’s stock worth $686,000 after purchasing an additional 307 shares during the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock traded up $0.39 during trading hours on Friday, reaching $54.23. The company had a trading volume of 1,074,540 shares, compared to its average volume of 1,117,751. 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 company has a market capitalization of $10.57 billion, a price-to-earnings ratio of 16.59 and a beta of 1.08. The stock has a fifty day moving average of $52.45 and a 200-day moving average of $51.80.

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.