Crews Bank & Trust trimmed its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 341,144 shares of the company’s stock after selling 32,997 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 2.8% of Crews Bank & Trust’s holdings, making the stock its 9th biggest position. Crews Bank & Trust owned 0.13% of SPDR Portfolio S&P 400 Mid Cap ETF worth $19,756,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of SPMD. Cahaba Wealth Management Inc. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% in the 4th quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock valued at $26,161,000 after buying an additional 14,242 shares during the period. Bensler LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 5.0% in the 3rd quarter. Bensler LLC now owns 210,796 shares of the company’s stock valued at $12,055,000 after buying an additional 10,026 shares during the period. Davis R M Inc. acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at $621,000. Breakwater Capital Group increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% in the 4th quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock valued at $2,361,000 after buying an additional 27,478 shares during the period. Finally, Retirement Financial Solutions LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at $16,087,000. 61.70% of the stock is owned by institutional investors and hedge funds.
SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance
Shares of SPMD opened at $60.02 on Tuesday. The stock has a market capitalization of $15.85 billion, a P/E ratio of 4.21 and a beta of 1.07. The company’s fifty day moving average is $60.88 and its two-hundred day moving average is $59.05. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $63.67.
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.
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