Simplicity Wealth LLC Sells 28,371 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Simplicity Wealth LLC lowered its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 43.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 36,951 shares of the company’s stock after selling 28,371 shares during the quarter. Simplicity Wealth LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,113,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SPMD. Signet Financial Management LLC lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 29.7% in the second quarter. Signet Financial Management LLC now owns 29,663 shares of the company’s stock worth $1,613,000 after acquiring an additional 6,793 shares during the period. Spectrum Planning & Advisory Services Inc. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4.2% in the 2nd quarter. Spectrum Planning & Advisory Services Inc. now owns 4,608 shares of the company’s stock worth $251,000 after purchasing an additional 185 shares in the last quarter. Meridian Financial LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 3.4% in the 2nd quarter. Meridian Financial LLC now owns 30,901 shares of the company’s stock worth $1,680,000 after purchasing an additional 1,012 shares in the last quarter. Octavia Wealth Advisors LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.0% in the 2nd quarter. Octavia Wealth Advisors LLC now owns 173,720 shares of the company’s stock worth $9,447,000 after purchasing an additional 1,789 shares during the period. Finally, Dakota Wealth Management boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 53.1% during the 2nd quarter. Dakota Wealth Management now owns 347,726 shares of the company’s stock valued at $18,909,000 after purchasing an additional 120,609 shares in the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA SPMD opened at $61.73 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $43.99 and a 1 year high of $62.33. The stock has a market capitalization of $16.14 billion, a P/E ratio of 4.33 and a beta of 1.07. The company’s 50-day moving average is $58.72 and its 200 day moving average is $57.34.

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.