Wealthquest Corp Cuts Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

Wealthquest Corp decreased its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 3.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,056 shares of the company’s stock after selling 3,422 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 0.4% of Wealthquest Corp’s investment portfolio, making the stock its 22nd largest position. Wealthquest Corp’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $5,089,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Harbor Investment Advisory LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 25.2% in the 4th quarter. Harbor Investment Advisory LLC now owns 7,539 shares of the company’s stock valued at $412,000 after acquiring an additional 1,519 shares during the last quarter. Zhang Financial LLC lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 23.8% in the 4th quarter. Zhang Financial LLC now owns 115,495 shares of the company’s stock valued at $6,316,000 after purchasing an additional 22,228 shares during the last quarter. Fifth Third Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter worth approximately $406,000. Global Financial Private Client LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the 4th quarter. Global Financial Private Client LLC now owns 10,522 shares of the company’s stock valued at $575,000 after purchasing an additional 189 shares during the last quarter. Finally, PSI Advisors LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 2.1% during the 4th quarter. PSI Advisors LLC now owns 185,071 shares of the company’s stock valued at $10,122,000 after buying an additional 3,824 shares during the period.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Up 0.5 %

Shares of SPMD opened at $56.79 on Tuesday. The business has a fifty day moving average of $56.66 and a 200 day moving average of $54.77. The company has a market cap of $11.07 billion, a PE ratio of 16.59 and a beta of 1.08. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $47.07 and a 52-week high of $59.94.

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.