Citizens & Northern Corp Buys New Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Citizens & Northern Corp bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 207,413 shares of the company’s stock, valued at approximately $13,075,000. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 2.9% of Citizens & Northern Corp’s holdings, making the stock its 9th biggest position. Citizens & Northern Corp owned 0.07% of SPDR Portfolio S&P 400 Mid Cap ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Allworth Financial LP increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 5.7% in the 3rd quarter. Allworth Financial LP now owns 308,765 shares of the company’s stock worth $20,860,000 after buying an additional 16,596 shares during the period. Fisher Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth approximately $375,000. Russell Investments Group Ltd. lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 93.3% during the third quarter. Russell Investments Group Ltd. now owns 3,501 shares of the company’s stock worth $221,000 after buying an additional 1,690 shares during the last quarter. CENTRAL TRUST Co bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $46,000. Finally, Spectrum Planning & Advisory Services Inc. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 19.3% in the third quarter. Spectrum Planning & Advisory Services Inc. now owns 5,377 shares of the company’s stock valued at $339,000 after acquiring an additional 869 shares during the period. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 1.2%

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $64.69 on Friday. The company’s fifty day simple moving average is $64.32 and its 200-day simple moving average is $64.13. The company has a market cap of $18.83 billion, a price-to-earnings ratio of 4.54 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $54.53 and a 1 year high of $68.97.

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.