PSI Advisors LLC Acquires 3,824 Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

PSI Advisors LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.1% in the 4th quarter, Holdings Channel reports. The firm owned 185,071 shares of the company’s stock after acquiring an additional 3,824 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF accounts for about 3.0% of PSI Advisors LLC’s portfolio, making the stock its 8th largest holding. PSI Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $10,122,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of SPMD. M&R Capital Management Inc. grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 70.4% during the third quarter. M&R Capital Management Inc. now owns 2,096 shares of the company’s stock valued at $115,000 after buying an additional 866 shares during the period. Zhang Financial LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 41.4% in the 3rd quarter. Zhang Financial LLC now owns 93,267 shares of the company’s stock worth $5,100,000 after purchasing an additional 27,321 shares in the last quarter. Summit Trail Advisors LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 18.6% during the second quarter. Summit Trail Advisors LLC now owns 12,618 shares of the company’s stock valued at $647,000 after buying an additional 1,981 shares during the period. Richardson Financial Services Inc. boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 19,674 shares of the company’s stock valued at $1,011,000 after acquiring an additional 422 shares during the last quarter. Finally, Private Trust Co. NA grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 6.5% in the 3rd quarter. Private Trust Co. NA now owns 21,850 shares of the company’s stock worth $1,195,000 after buying an additional 1,339 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

NYSEARCA:SPMD opened at $54.74 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $46.81 and a 1-year high of $59.94. The business has a 50 day moving average of $56.76 and a 200 day moving average of $54.56. The company has a market capitalization of $10.67 billion, a price-to-earnings 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.