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

Wealthquest Corp reduced its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 18.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPMD. Creative Planning raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% during the 3rd quarter. Creative Planning now owns 87,966,062 shares of the company’s stock worth $5,030,779,000 after acquiring an additional 4,903,905 shares in the last quarter. Auto Owners Insurance Co lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 7,307.1% during the fourth quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock valued at $4,461,016,000 after acquiring an additional 75,993,600 shares during the last quarter. LPL Financial LLC boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% in the fourth quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock valued at $743,823,000 after acquiring an additional 173,911 shares in the last quarter. Morgan Stanley boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% in the fourth quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock valued at $568,923,000 after acquiring an additional 6,634,293 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 2.5% in the first quarter. Valmark Advisers Inc. now owns 7,215,287 shares of the company’s stock valued at $427,289,000 after acquiring an additional 173,551 shares in the last quarter. 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 firm’s fifty day simple moving average is $66.12 and its two-hundred day simple moving average is $63.32. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $53.73 and a 12-month high of $67.68. The firm has a market capitalization of $18.25 billion, a P/E ratio of 4.63 and a beta of 1.00.

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.