Towercrest Capital Management Has $2.39 Million Stock Holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Towercrest Capital Management cut its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,673 shares of the company’s stock after selling 1,441 shares during the quarter. Towercrest Capital Management’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,388,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of SPMD. Private Trust Co. NA lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6.5% in the third quarter. Private Trust Co. NA now owns 21,850 shares of the company’s stock valued at $1,195,000 after buying an additional 1,339 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth approximately $292,000. JPMorgan Chase & Co. increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 50.1% during the third quarter. JPMorgan Chase & Co. now owns 132,207 shares of the company’s stock worth $7,229,000 after buying an additional 44,122 shares in the last quarter. Hudson Valley Investment Advisors Inc. ADV increased its holdings 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 purchasing an additional 2,349 shares in the last quarter. Finally, First International Bank & Trust increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.1% in the fourth quarter. First International Bank & Trust now owns 197,005 shares of the company’s stock valued at $10,774,000 after purchasing an additional 3,988 shares in the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPMD stock opened at $51.76 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $49.12 and a 52-week high of $59.94. The stock has a market cap of $12.02 billion, a PE ratio of 18.28 and a beta of 1.14. The firm’s 50 day moving average price is $54.84 and its two-hundred day moving average price is $55.36.

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.