SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Short Interest Up 28.1% in April

SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 1,207,769 shares, a growth of 28.1% from the March 31st total of 943,118 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 2,464,841 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of SPDR Portfolio S&P 400 Mid Cap ETF

A number of large investors have recently modified their holdings of the company. Outlook Wealth Advisors LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the fourth quarter. Outlook Wealth Advisors LLC now owns 8,881 shares of the company’s stock valued at $514,000 after acquiring an additional 160 shares in the last quarter. Worth Financial Advisory Group LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.1% during the fourth quarter. Worth Financial Advisory Group LLC now owns 15,364 shares of the company’s stock valued at $890,000 after acquiring an additional 163 shares in the last quarter. Astoria Portfolio Advisors LLC. raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 2.8% during the first quarter. Astoria Portfolio Advisors LLC. now owns 6,258 shares of the company’s stock valued at $400,000 after acquiring an additional 172 shares in the last quarter. CENTRAL TRUST Co raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 31.2% during the fourth quarter. CENTRAL TRUST Co now owns 731 shares of the company’s stock valued at $42,000 after acquiring an additional 174 shares in the last quarter. Finally, Aspire Private Capital LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 0.3% during the fourth quarter. Aspire Private Capital LLC now owns 53,946 shares of the company’s stock valued at $3,124,000 after acquiring an additional 175 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.2%

Shares of NYSEARCA:SPMD traded up $0.12 on Friday, reaching $63.93. 1,012,433 shares of the company’s stock were exchanged, compared to its average volume of 3,205,216. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $50.70 and a fifty-two week high of $64.91. The business’s 50-day moving average is $61.26 and its two-hundred day moving average is $59.74. The firm has a market capitalization of $17.07 billion, a price-to-earnings ratio of 4.49 and a beta of 1.04.

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.