Hudson Valley Investment Advisors Inc. ADV Acquires 2,349 Shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Hudson Valley Investment Advisors Inc. ADV increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 19.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,194 shares of the company’s stock after buying an additional 2,349 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $776,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 50.1% during the third quarter. JPMorgan Chase & Co. now owns 132,207 shares of the company’s stock worth $7,229,000 after purchasing an additional 44,122 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at approximately $292,000. Private Trust Co. NA lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6.5% during the 3rd quarter. Private Trust Co. NA now owns 21,850 shares of the company’s stock worth $1,195,000 after acquiring an additional 1,339 shares during the period. Avior Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 7.2% during the 3rd quarter. Avior Wealth Management LLC now owns 187,913 shares of the company’s stock worth $10,275,000 after acquiring an additional 12,596 shares in the last quarter. Finally, BIP Wealth LLC increased its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 30.0% in the third quarter. BIP Wealth LLC now owns 23,832 shares of the company’s stock valued at $1,303,000 after acquiring an additional 5,505 shares during the last quarter.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD opened at $55.11 on Friday. The firm has a 50 day simple moving average of $56.76 and a two-hundred day simple moving average of $54.49. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $46.81 and a one year high of $59.94. The company has a market cap of $10.74 billion, a P/E ratio of 16.59 and a beta of 1.08.

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.