SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Stake Lifted by Zhang Financial LLC

Zhang Financial LLC increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 41.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,267 shares of the company’s stock after buying an additional 27,321 shares during the quarter. Zhang Financial LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $5,100,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $30,000. WR Wealth Planners LLC boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 75.4% during the 2nd quarter. WR Wealth Planners LLC now owns 607 shares of the company’s stock worth $31,000 after acquiring an additional 261 shares during the period. M&R Capital Management Inc. boosted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 36.3% during the 1st quarter. M&R Capital Management Inc. now owns 1,078 shares of the company’s stock worth $57,000 after acquiring an additional 287 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth $60,000. Finally, Indiana Trust & Investment Management CO acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter worth $105,000.

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

SPMD stock traded up $0.29 during trading on Tuesday, reaching $55.90. 503,000 shares of the company’s stock were exchanged, compared to its average volume of 1,137,247. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $40.67 and a 1-year high of $56.10. The company’s fifty day moving average price is $53.41 and its 200-day moving average price is $52.41. The firm has a market cap of $10.90 billion, a PE ratio of 16.59 and a beta of 1.08.

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.