Thrivent Financial for Lutherans Sells 612,241 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Thrivent Financial for Lutherans lowered its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 97.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,082 shares of the company’s stock after selling 612,241 shares during the period. Thrivent Financial for Lutherans’ holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $863,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MGO One Seven LLC raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 16.8% in the 2nd quarter. MGO One Seven LLC now owns 5,969 shares of the company’s stock worth $325,000 after acquiring an additional 857 shares in the last quarter. Northern Capital Management Inc. grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 4.1% in the second quarter. Northern Capital Management Inc. now owns 13,764 shares of the company’s stock valued at $748,000 after purchasing an additional 538 shares during the last quarter. International Assets Investment Management LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the second quarter worth about $770,000. Chicago Partners Investment Group LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 3.6% in the second quarter. Chicago Partners Investment Group LLC now owns 110,268 shares of the company’s stock worth $6,225,000 after purchasing an additional 3,807 shares in the last quarter. Finally, Alaska Wealth Advisors lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.2% during the second quarter. Alaska Wealth Advisors now owns 27,104 shares of the company’s stock valued at $1,474,000 after buying an additional 2,064 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD opened at $62.50 on Monday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $43.99 and a fifty-two week high of $63.65. The stock has a market capitalization of $16.40 billion, a P/E ratio of 4.39 and a beta of 1.07. The company’s 50-day simple moving average is $60.20 and its 200-day simple moving average is $58.02.

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.