Flagship Harbor Advisors LLC Sells 4,739 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Flagship Harbor Advisors LLC decreased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 6.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 68,804 shares of the company’s stock after selling 4,739 shares during the period. Flagship Harbor Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $3,742,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Valmark Advisers Inc. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% in the second quarter. Valmark Advisers Inc. now owns 6,643,917 shares of the company’s stock worth $361,296,000 after purchasing an additional 274,765 shares during the period. Facet Wealth Inc. boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 10.4% in the 2nd quarter. Facet Wealth Inc. now owns 2,726,120 shares of the company’s stock worth $150,618,000 after buying an additional 257,924 shares during the period. Envestnet Asset Management Inc. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock worth $146,720,000 after buying an additional 555,823 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter worth $94,135,000. Finally, First Command Advisory Services Inc. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 19.4% during the second quarter. First Command Advisory Services Inc. now owns 1,139,430 shares of the company’s stock valued at $61,962,000 after acquiring an additional 185,244 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.6%

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $57.18 on Thursday. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of 4.02 and a beta of 1.07. The stock’s 50-day simple moving average is $57.24 and its 200-day simple moving average is $54.77. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $59.94.

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.