Hibernia Wealth Partners LLC Lowers Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Hibernia Wealth Partners LLC lessened its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 47.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 45,203 shares of the company’s stock after selling 40,948 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF accounts for 1.7% of Hibernia Wealth Partners LLC’s holdings, making the stock its 12th biggest position. Hibernia Wealth Partners LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,585,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Partners LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter valued at about $25,000. Ballast Advisors LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth approximately $26,000. Compass Financial Services Inc purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter valued at approximately $30,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth approximately $32,000. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter worth $32,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD stock opened at $59.85 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $63.67. The company’s fifty day moving average price is $61.31 and its 200-day moving average price is $58.73. The company has a market capitalization of $15.70 billion, a price-to-earnings ratio of 4.20 and a beta of 1.07.

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.