IFG Advisory LLC Sells 2,926 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

IFG Advisory LLC lessened its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,694 shares of the company’s stock after selling 2,926 shares during the quarter. IFG Advisory LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $4,606,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in SPMD. Signaturefd LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 21.0% during the second quarter. Signaturefd LLC now owns 3,213 shares of the company’s stock valued at $175,000 after purchasing an additional 557 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at approximately $59,000. Global Financial Private Client LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 13.3% during the second quarter. Global Financial Private Client LLC now owns 12,196 shares of the company’s stock valued at $663,000 after purchasing an additional 1,431 shares during the last quarter. TFG Advisers LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.7% in the 2nd quarter. TFG Advisers LLC now owns 9,275 shares of the company’s stock worth $504,000 after purchasing an additional 332 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 17.6% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 109,700 shares of the company’s stock worth $5,965,000 after buying an additional 16,400 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA:SPMD opened at $56.56 on Friday. The business has a fifty day moving average price of $57.26 and a 200-day moving average price of $54.78. The company has a market capitalization of $14.25 billion, a PE ratio of 3.97 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $43.99 and a 1-year high of $59.94.

SPDR Portfolio S&P 400 Mid Cap ETF 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.