SPDR Portfolio S&P 400 Mid Cap ETF $SPMD Shares Purchased by Financial Strategies Group Inc.

Financial Strategies Group Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 2.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 395,070 shares of the company’s stock after purchasing an additional 10,918 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 4.3% of Financial Strategies Group Inc.’s portfolio, making the stock its 7th biggest position. Financial Strategies Group Inc. owned approximately 0.16% of SPDR Portfolio S&P 400 Mid Cap ETF worth $22,476,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SPMD. ORG Partners LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter worth approximately $25,000. Compass Financial Services Inc bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $30,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 2nd quarter worth approximately $32,000. Bernard Wealth Management Corp. acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 3rd quarter worth approximately $32,000. Finally, Root Financial Partners LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 3rd quarter valued at $38,000. Institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.9%

SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $60.25 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $62.33. The firm’s fifty day moving average is $59.37 and its 200 day moving average is $57.58. The company has a market capitalization of $15.78 billion, a PE ratio of 4.23 and a beta of 1.07.

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.