Stratos Wealth Partners LTD. Decreases Stock Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Stratos Wealth Partners LTD. reduced its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 15.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 123,576 shares of the company’s stock after selling 21,988 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $7,156,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SPMD. ORG Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at approximately $25,000. Ballast Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter worth approximately $26,000. Crewe Advisors LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock valued at $31,000 after purchasing an additional 182 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at approximately $32,000. Finally, Bernard Wealth Management Corp. acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth $32,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD opened at $59.76 on Friday. The business’s fifty day moving average is $60.90 and its two-hundred day moving average is $59.03. The company has a market cap of $15.78 billion, a price-to-earnings ratio of 4.20 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 $63.67.

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.