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

Sterling Investment Advisors Ltd. grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 1.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 30,699 shares of the company’s stock after acquiring an additional 337 shares during the period. Sterling Investment Advisors Ltd.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,575,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SPMD. Rothschild Investment LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $30,000. WR Wealth Planners LLC grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 75.4% in the 2nd quarter. WR Wealth Planners LLC now owns 607 shares of the company’s stock worth $31,000 after buying an additional 261 shares during the last quarter. M&R Capital Management Inc. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 36.3% in the 1st quarter. M&R Capital Management Inc. now owns 1,078 shares of the company’s stock worth $57,000 after buying an additional 287 shares during the last quarter. Indiana Trust & Investment Management CO purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth approximately $105,000. Finally, Whittier Trust Co. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 185.1% in the 1st quarter. Whittier Trust Co. now owns 2,751 shares of the company’s stock worth $147,000 after buying an additional 1,786 shares during the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.7 %

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $52.35 on Friday. The company has a market capitalization of $10.21 billion, a P/E ratio of 16.59 and a beta of 1.08. The stock’s 50 day moving average is $52.59 and its 200 day moving average is $51.90. SPDR Portfolio S&P 400 Mid Cap ETF has a twelve month low of $40.67 and a twelve month high of $55.12.

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.