Wealthquest Corp Decreases Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Wealthquest Corp lessened its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 18.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 36,626 shares of the company’s stock after selling 8,359 shares during the period. Wealthquest Corp’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,169,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Ascentis Independent Advisors acquired a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at about $29,000. Realta Investment Advisors boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 196.5% in the 1st quarter. Realta Investment Advisors now owns 513 shares of the company’s stock worth $30,000 after purchasing an additional 340 shares in the last quarter. Stone House Investment Management LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after purchasing an additional 197 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth approximately $31,000. Finally, Optima Capital LLC purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth approximately $33,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.1%

NYSEARCA SPMD opened at $65.98 on Friday. The company has a fifty day simple moving average of $66.12 and a two-hundred day simple moving average of $63.32. The stock has a market cap of $18.25 billion, a P/E ratio of 4.63 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $53.73 and a 12-month high of $67.68.

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.