SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Shares Sold by Alliance Wealth Management Group

Alliance Wealth Management Group cut its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,614 shares of the company’s stock after selling 1,396 shares during the period. Alliance Wealth Management Group’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,948,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. First Command Advisory Services Inc. increased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 12.8% in the 4th quarter. First Command Advisory Services Inc. now owns 811,462 shares of the company’s stock worth $44,379,000 after acquiring an additional 92,037 shares during the period. Crews Bank & Trust bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth about $20,641,000. ST Germain D J Co. Inc. increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.0% in the fourth quarter. ST Germain D J Co. Inc. now owns 327,780 shares of the company’s stock valued at $17,926,000 after purchasing an additional 12,612 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 32.7% during the fourth quarter. Farther Finance Advisors LLC now owns 312,663 shares of the company’s stock valued at $17,100,000 after buying an additional 77,100 shares during the last quarter. Finally, Citizens & Northern Corp raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.9% during the fourth quarter. Citizens & Northern Corp now owns 280,513 shares of the company’s stock valued at $15,341,000 after buying an additional 2,585 shares during the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD stock opened at $51.18 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $49.12 and a 12-month high of $59.94. The firm has a market capitalization of $12.07 billion, a price-to-earnings ratio of 18.28 and a beta of 1.14. The business has a 50 day simple moving average of $54.35 and a 200 day simple moving average of $55.36.

SPDR Portfolio S&P 400 Mid Cap ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.1796 per share. The ex-dividend date was Monday, March 24th.

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.