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

Wealthquest Corp trimmed its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDFree Report) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,056 shares of the company’s stock after selling 3,422 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 0.4% of Wealthquest Corp’s investment portfolio, making the stock its 22nd biggest 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.

A number of other hedge funds have also recently made changes to their positions in the business. M&R Capital Management Inc. lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 70.4% in the 3rd quarter. M&R Capital Management Inc. now owns 2,096 shares of the company’s stock worth $115,000 after purchasing an additional 866 shares in 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 valued at approximately $211,000. Arlington Trust Co LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter worth $216,000. Mainstream Capital Management LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth $266,000. Finally, Flow Traders U.S. LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth $292,000.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA SPMD opened at $56.79 on Tuesday. The firm’s fifty day moving average is $56.66 and its two-hundred day moving average is $54.77. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $47.07 and a 52-week high of $59.94. The company has a market cap of $11.07 billion, a P/E ratio of 16.59 and a beta of 1.08.

About SPDR Portfolio S&P 400 Mid Cap ETF

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

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