Global Retirement Partners LLC Reduces Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Global Retirement Partners LLC lowered its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 1.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 468,852 shares of the company’s stock after selling 8,279 shares during the quarter. Global Retirement Partners LLC owned about 0.18% of SPDR Portfolio S&P 400 Mid Cap ETF worth $27,151,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 11.6% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 96,472 shares of the company’s stock valued at $5,587,000 after acquiring an additional 10,034 shares during the last quarter. Cahaba Wealth Management Inc. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.3% during the 4th quarter. Cahaba Wealth Management Inc. now owns 451,746 shares of the company’s stock worth $26,161,000 after buying an additional 14,242 shares during the last quarter. Breakwater Capital Group grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 206.6% during the 4th quarter. Breakwater Capital Group now owns 40,779 shares of the company’s stock worth $2,361,000 after buying an additional 27,478 shares during the last quarter. Bensler LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 5.0% during the 3rd quarter. Bensler LLC now owns 210,796 shares of the company’s stock worth $12,055,000 after buying an additional 10,026 shares during the last quarter. Finally, Davis R M Inc. purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth approximately $621,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 1.9%

NYSEARCA:SPMD opened at $63.83 on Thursday. The stock’s 50 day moving average price is $61.72 and its 200 day moving average price is $60.38. The company has a market capitalization of $17.02 billion, a PE ratio of 4.48 and a beta of 1.02. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $51.63 and a 52-week high of $65.85.

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.