BIP Wealth LLC Sells 736 Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

BIP Wealth LLC lowered its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,921 shares of the company’s stock after selling 736 shares during the quarter. BIP Wealth LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,214,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SPMD. AdvisorNet Financial Inc raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 31.7% during the third quarter. AdvisorNet Financial Inc now owns 1,505 shares of the company’s stock valued at $66,000 after buying an additional 362 shares during the last quarter. Avior Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 66.6% during the 3rd quarter. Avior Wealth Management LLC now owns 14,571 shares of the company’s stock worth $638,000 after purchasing an additional 5,826 shares in the last quarter. Private Trust Co. NA increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 45.6% during the third quarter. Private Trust Co. NA now owns 15,401 shares of the company’s stock valued at $674,000 after purchasing an additional 4,826 shares during the period. SOL Capital Management CO acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at $517,000. Finally, ST Germain D J Co. Inc. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.0% during the third quarter. ST Germain D J Co. Inc. now owns 228,986 shares of the company’s stock worth $10,027,000 after buying an additional 4,479 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA:SPMD traded up $0.07 during midday trading on Wednesday, reaching $50.85. 986,542 shares of the company’s stock were exchanged, compared to its average volume of 1,272,204. The company’s 50 day simple moving average is $51.24 and its two-hundred day simple moving average is $47.82. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $40.67 and a 12 month high of $53.56. The firm has a market capitalization of $9.71 billion, a PE ratio of 15.94 and a beta of 1.11.

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.