Wealthcare Advisory Partners LLC Has $83.14 Million Stock Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Wealthcare Advisory Partners LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 4.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,230,591 shares of the company’s stock after purchasing an additional 48,386 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF comprises 1.6% of Wealthcare Advisory Partners LLC’s portfolio, making the stock its 7th largest holding. Wealthcare Advisory Partners LLC owned approximately 0.45% of SPDR Portfolio S&P 400 Mid Cap ETF worth $83,139,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp lifted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 23.1% in the first quarter. Fifth Third Bancorp now owns 283,790 shares of the company’s stock valued at $16,806,000 after acquiring an additional 53,264 shares in the last quarter. Concurrent Investment Advisors LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the fourth quarter worth about $2,116,000. Legacy Edge Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the fourth quarter worth about $774,000. Farther Finance Advisors LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 14.3% during the fourth quarter. Farther Finance Advisors LLC now owns 669,570 shares of the company’s stock worth $38,775,000 after purchasing an additional 83,711 shares in the last quarter. Finally, Valmark Advisers Inc. raised its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% during the 4th quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock valued at $407,787,000 after purchasing an additional 204,651 shares during the period. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.3%

NYSEARCA SPMD opened at $67.97 on Tuesday. The stock’s 50 day moving average is $66.41 and its 200 day moving average is $63.61. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $54.49 and a 12 month high of $68.29. The stock has a market cap of $18.81 billion, a PE ratio of 4.77 and a beta of 1.01.

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.