Pecaut & CO. Sells 41,279 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Pecaut & CO. decreased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 27.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 110,977 shares of the company’s stock after selling 41,279 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF comprises 2.0% of Pecaut & CO.’s portfolio, making the stock its 15th largest holding. Pecaut & CO.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $6,347,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Allworth Financial LP raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% in the 2nd quarter. Allworth Financial LP now owns 233,079 shares of the company’s stock worth $12,675,000 after purchasing an additional 19,021 shares during the period. Retirement Financial Solutions LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter worth about $16,087,000. Gradient Investments LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 98.3% in the third quarter. Gradient Investments LLC now owns 69,452 shares of the company’s stock worth $3,972,000 after buying an additional 34,428 shares during the period. Corient Private Wealth LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.9% during the 2nd quarter. Corient Private Wealth LLC now owns 423,452 shares of the company’s stock valued at $23,027,000 after buying an additional 34,636 shares in the last quarter. Finally, Signaturefd LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% during the 2nd quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock valued at $175,000 after buying an additional 557 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $61.08 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $62.33. The firm has a market capitalization of $15.98 billion, a price-to-earnings ratio of 4.29 and a beta of 1.07. The firm has a 50 day moving average of $59.05 and a 200 day moving average of $57.48.

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.