Arkansas Financial Group Inc. Buys 405 Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Arkansas Financial Group Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,293 shares of the company’s stock after purchasing an additional 405 shares during the quarter. Arkansas Financial Group Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $891,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. AdvisorNet Financial Inc lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 1,701.8% during the 1st quarter. AdvisorNet Financial Inc now owns 33,279 shares of the company’s stock valued at $1,775,000 after acquiring an additional 31,432 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 36.8% during the first quarter. Janney Montgomery Scott LLC now owns 20,474 shares of the company’s stock valued at $1,092,000 after purchasing an additional 5,507 shares in the last quarter. CIBC Private Wealth Group LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth about $532,000. ST Germain D J Co. Inc. grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 5.5% in the 1st quarter. ST Germain D J Co. Inc. now owns 272,809 shares of the company’s stock worth $14,552,000 after purchasing an additional 14,181 shares in the last quarter. Finally, Richardson Financial Services Inc. purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at about $1,023,000.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of NYSEARCA SPMD traded up $0.51 during midday trading on Friday, reaching $54.64. The company’s stock had a trading volume of 1,110,293 shares, compared to its average volume of 1,138,964. The stock has a market capitalization of $10.65 billion, a P/E ratio of 16.59 and a beta of 1.08. The firm has a 50 day moving average price of $53.19 and a 200-day moving average price of $52.32. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $40.67 and a 12-month high of $55.12.

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.