Total Clarity Wealth Management Inc. Decreases Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Total Clarity Wealth Management Inc. reduced its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 23.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,014 shares of the company’s stock after selling 12,959 shares during the period. Total Clarity Wealth Management Inc.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $2,488,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Creative Planning grew its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 5.9% in the third quarter. Creative Planning now owns 87,966,062 shares of the company’s stock valued at $5,030,779,000 after buying 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 4th quarter. Auto Owners Insurance Co now owns 77,033,600 shares of the company’s stock worth $4,461,016,000 after acquiring an additional 75,993,600 shares in the last quarter. LPL Financial LLC lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 12,844,472 shares of the company’s stock worth $743,823,000 after acquiring an additional 173,911 shares in the last quarter. Morgan Stanley boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 208.0% in the 4th quarter. Morgan Stanley now owns 9,824,255 shares of the company’s stock worth $568,923,000 after acquiring an additional 6,634,293 shares during the period. Finally, Valmark Advisers Inc. boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 3.0% in the 4th quarter. Valmark Advisers Inc. now owns 7,041,736 shares of the company’s stock worth $407,787,000 after acquiring 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 Stock Up 0.1%

Shares of NYSEARCA:SPMD opened at $66.65 on Tuesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52-week low of $52.46 and a 52-week high of $67.68. The company has a 50 day moving average of $64.57 and a two-hundred day moving average of $61.82. The company has a market capitalization of $17.77 billion, a price-to-earnings ratio of 4.68 and a beta of 1.01.

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.