M Holdings Securities Inc. Sells 144,836 Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

M Holdings Securities Inc. reduced its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 94.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,944 shares of the company’s stock after selling 144,836 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF makes up approximately 0.3% of M Holdings Securities Inc.’s holdings, making the stock its 23rd largest holding. M Holdings Securities Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $434,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SPMD. Private Trust Co. NA increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6.5% during the 3rd quarter. Private Trust Co. NA now owns 21,850 shares of the company’s stock worth $1,195,000 after purchasing an additional 1,339 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth about $292,000. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 50.1% in the third quarter. JPMorgan Chase & Co. now owns 132,207 shares of the company’s stock valued at $7,229,000 after acquiring an additional 44,122 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 19.8% in the fourth quarter. Hudson Valley Investment Advisors Inc. ADV now owns 14,194 shares of the company’s stock valued at $776,000 after acquiring an additional 2,349 shares during the last quarter. Finally, First International Bank & Trust boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.1% in the 4th quarter. First International Bank & Trust now owns 197,005 shares of the company’s stock worth $10,774,000 after acquiring an additional 3,988 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

SPMD stock opened at $51.76 on Friday. The stock has a market capitalization of $12.02 billion, a price-to-earnings ratio of 18.28 and a beta of 1.14. The business has a fifty day moving average price of $54.84 and a 200 day moving average price of $55.34. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $49.12 and a fifty-two week high of $59.94.

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.