Carnegie Investment Counsel Sells 8,746 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Carnegie Investment Counsel trimmed its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 6.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 128,239 shares of the company’s stock after selling 8,746 shares during the period. Carnegie Investment Counsel owned about 0.05% of SPDR Portfolio S&P 400 Mid Cap ETF worth $7,334,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPMD. Compass Financial Services Inc bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at approximately $30,000. Twin Peaks Wealth Advisors LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth $32,000. Bernard Wealth Management Corp. purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter worth $32,000. Pineridge Advisors LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at $37,000. Finally, Headlands Technologies LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at $38,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA SPMD opened at $59.09 on Friday. The business’s fifty day moving average is $57.54 and its 200-day moving average is $56.55. The stock has a market capitalization of $14.80 billion, a price-to-earnings ratio of 4.15 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $59.78.

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.