Sterling Investment Advisors Ltd. Buys 337 Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Sterling Investment Advisors Ltd. increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 1.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,699 shares of the company’s stock after acquiring an additional 337 shares during the period. Sterling Investment Advisors Ltd.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,575,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rothschild Investment LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $30,000. WR Wealth Planners LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 75.4% during the 2nd quarter. WR Wealth Planners LLC now owns 607 shares of the company’s stock valued at $31,000 after purchasing an additional 261 shares during the period. M&R Capital Management Inc. increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 36.3% during the 1st quarter. M&R Capital Management Inc. now owns 1,078 shares of the company’s stock valued at $57,000 after purchasing an additional 287 shares during the period. Indiana Trust & Investment Management CO purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $105,000. Finally, Whittier Trust Co. increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 185.1% during the 1st quarter. Whittier Trust Co. now owns 2,751 shares of the company’s stock valued at $147,000 after purchasing an additional 1,786 shares during the period.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA:SPMD opened at $52.35 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $40.67 and a 1 year high of $55.12. The company has a market cap of $10.21 billion, a PE ratio of 16.59 and a beta of 1.08. The stock’s 50-day moving average is $52.59 and its 200 day moving average is $51.90.

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.