SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Shares Sold by Summit Global Investments

Summit Global Investments lowered its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 12.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,194 shares of the company’s stock after selling 879 shares during the quarter. Summit Global Investments’ holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $318,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SPMD. Zhang Financial LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 31.4% during the second quarter. Zhang Financial LLC now owns 65,946 shares of the company’s stock worth $3,383,000 after purchasing an additional 15,741 shares during the last quarter. Oakworth Capital Inc. boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 6,330.9% in the second quarter. Oakworth Capital Inc. now owns 4,373 shares of the company’s stock worth $224,000 after purchasing an additional 4,305 shares during the period. AdvisorNet Financial Inc increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 9.7% during the second quarter. AdvisorNet Financial Inc now owns 36,499 shares of the company’s stock valued at $1,872,000 after purchasing an additional 3,220 shares during the last quarter. IAG Wealth Partners LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6.0% in the 2nd quarter. IAG Wealth Partners LLC now owns 164,424 shares of the company’s stock worth $8,435,000 after buying an additional 9,284 shares during the last quarter. Finally, Edmonds Duncan Registered Investment Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% in the 2nd quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 62,018 shares of the company’s stock valued at $3,182,000 after buying an additional 248 shares during the period.

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

NYSEARCA SPMD traded up $0.62 during trading hours on Wednesday, reaching $53.44. The company’s stock had a trading volume of 423,477 shares, compared to its average volume of 1,137,592. The business has a 50-day simple moving average of $52.06 and a 200 day simple moving average of $51.56. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $40.67 and a 52 week high of $55.12. The stock has a market cap of $10.42 billion, a PE ratio of 16.59 and a beta of 1.08.

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.