Crews Bank & Trust Invests $20.64 Million in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Crews Bank & Trust bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) during the fourth quarter, Holdings Channel.com reports. The fund bought 377,412 shares of the company’s stock, valued at approximately $20,641,000. SPDR Portfolio S&P 400 Mid Cap ETF makes up about 3.5% of Crews Bank & Trust’s portfolio, making the stock its 7th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPMD. ST Germain D J Co. Inc. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.0% during the fourth quarter. ST Germain D J Co. Inc. now owns 327,780 shares of the company’s stock worth $17,926,000 after purchasing an additional 12,612 shares during the last quarter. Farther Finance Advisors LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 44.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 235,563 shares of the company’s stock worth $12,881,000 after buying an additional 72,988 shares during the last quarter. Avior Wealth Management LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 6.8% during the 4th quarter. Avior Wealth Management LLC now owns 200,697 shares of the company’s stock worth $10,976,000 after buying an additional 12,784 shares during the last quarter. First International Bank & Trust boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.1% in the fourth quarter. First International Bank & Trust now owns 197,005 shares of the company’s stock valued at $10,774,000 after acquiring an additional 3,988 shares during the period. Finally, PSI Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.1% in the fourth quarter. PSI Advisors LLC now owns 185,071 shares of the company’s stock valued at $10,122,000 after acquiring an additional 3,824 shares during the period.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.4 %

Shares of SPMD opened at $56.63 on Thursday. The company’s 50 day simple moving average is $56.71 and its 200-day simple moving average is $55.02. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $47.57 and a 12-month high of $59.94. The firm has a market cap of $11.04 billion, a PE ratio of 16.59 and a beta of 1.08.

SPDR Portfolio S&P 400 Mid Cap ETF Company 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.