Louisiana State Employees Retirement System Sells 26,900 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Louisiana State Employees Retirement System lessened its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 13.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 169,200 shares of the company’s stock after selling 26,900 shares during the period. Louisiana State Employees Retirement System’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $9,201,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MorganRosel Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth $26,000. LRI Investments LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the first quarter valued at about $26,000. American National Bank & Trust bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter valued at about $58,000. Russell Investments Group Ltd. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at about $59,000. Finally, Hilltop National Bank bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at approximately $97,000. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 1.1%

Shares of NYSEARCA SPMD opened at $57.11 on Wednesday. The firm has a 50 day moving average of $56.71 and a 200 day moving average of $53.88. The firm has a market capitalization of $14.40 billion, a price-to-earnings ratio of 4.01 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $59.94.

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.