SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Shares Sold by Towercrest Capital Management

Towercrest Capital Management decreased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 4.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 45,114 shares of the company’s stock after selling 2,111 shares during the quarter. Towercrest Capital Management’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,467,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. North Star Asset Management Inc. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 16.2% during the second quarter. North Star Asset Management Inc. now owns 344,009 shares of the company’s stock worth $17,648,000 after purchasing an additional 47,980 shares during the last quarter. ST Germain D J Co. Inc. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.3% during the third quarter. ST Germain D J Co. Inc. now owns 315,168 shares of the company’s stock worth $17,233,000 after purchasing an additional 15,831 shares during the last quarter. Citizens & Northern Corp grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.7% during the second quarter. Citizens & Northern Corp now owns 277,696 shares of the company’s stock worth $14,246,000 after purchasing an additional 22,217 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 44.9% during the third quarter. Farther Finance Advisors LLC now owns 235,563 shares of the company’s stock worth $12,881,000 after purchasing an additional 72,988 shares during the last quarter. Finally, Avior Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7.2% during the third quarter. Avior Wealth Management LLC now owns 187,913 shares of the company’s stock worth $10,275,000 after purchasing an additional 12,596 shares during the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock opened at $58.61 on Friday. The stock’s 50-day moving average is $55.42 and its two-hundred day moving average is $53.39. The firm has a market cap of $11.43 billion, a price-to-earnings ratio of 16.59 and a beta of 1.08. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $44.51 and a 1 year high of $58.67.

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.