Hudson Valley Investment Advisors Inc. ADV Has $776,000 Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Hudson Valley Investment Advisors Inc. ADV increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 19.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,194 shares of the company’s stock after acquiring an additional 2,349 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $776,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SPMD. Ashton Thomas Private Wealth LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter valued at about $60,000. M&R Capital Management Inc. raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 70.4% during the third quarter. M&R Capital Management Inc. now owns 2,096 shares of the company’s stock worth $115,000 after buying an additional 866 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the second quarter worth approximately $211,000. Arlington Trust Co LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $216,000. Finally, Mainstream Capital Management LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $266,000.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $55.11 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $46.81 and a 52 week high of $59.94. The firm has a fifty day moving average of $56.76 and a two-hundred day moving average of $54.49. The stock has a market capitalization of $10.74 billion, a price-to-earnings ratio of 16.59 and a beta of 1.08.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.