Flow Traders U.S. LLC Takes $292,000 Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Flow Traders U.S. LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,342 shares of the company’s stock, valued at approximately $292,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Rothschild Investment LLC bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth approximately $30,000. WR Wealth Planners LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 75.4% in the second quarter. WR Wealth Planners LLC now owns 607 shares of the company’s stock worth $31,000 after purchasing an additional 261 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth $60,000. M&R Capital Management Inc. raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 70.4% during the third quarter. M&R Capital Management Inc. now owns 2,096 shares of the company’s stock valued at $115,000 after buying an additional 866 shares in the last quarter. Finally, Arlington Trust Co LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter worth about $216,000.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

SPMD opened at $58.47 on Friday. The company has a market cap of $11.40 billion, a PE ratio of 16.59 and a beta of 1.08. The stock has a 50-day moving average of $56.27 and a 200-day moving average of $53.78. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $45.69 and a 52-week high of $59.94.

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.