SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Stock Position Decreased by Towercrest Capital Management

Towercrest Capital Management trimmed its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 1.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,225 shares of the company’s stock after selling 841 shares during the quarter. Towercrest Capital Management’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Global Financial Private Client LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% in the second quarter. Global Financial Private Client LLC now owns 10,145 shares of the company’s stock worth $520,000 after acquiring an additional 244 shares in the last quarter. Edmonds Duncan Registered Investment Advisors LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% during the second 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 in the last quarter. WR Wealth Planners LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 75.4% in the second quarter. WR Wealth Planners LLC now owns 607 shares of the company’s stock worth $31,000 after buying an additional 261 shares during the last quarter. M&R Capital Management Inc. lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 36.3% in the first quarter. M&R Capital Management Inc. now owns 1,078 shares of the company’s stock worth $57,000 after buying an additional 287 shares during the last quarter. Finally, Vicus Capital boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.4% during the 2nd quarter. Vicus Capital now owns 13,366 shares of the company’s stock worth $686,000 after acquiring an additional 307 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD stock traded down $0.71 during trading on Friday, reaching $51.64. The company had a trading volume of 1,165,650 shares, compared to its average volume of 1,120,723. The firm’s 50 day simple moving average is $52.60 and its two-hundred day simple moving average is $51.94. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $40.67 and a one year high of $55.12. The company has a market capitalization of $10.07 billion, a PE ratio of 16.59 and a beta of 1.08.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.