Zhang Financial LLC Has $9.90 Million Stock Holdings in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Zhang Financial LLC grew its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 13.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,072 shares of the company’s stock after acquiring an additional 20,005 shares during the period. Zhang Financial LLC owned 0.07% of SPDR Portfolio S&P 400 Mid Cap ETF worth $9,898,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Flagship Private Wealth LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% during the 3rd quarter. Flagship Private Wealth LLC now owns 8,430 shares of the company’s stock worth $482,000 after purchasing an additional 178 shares in the last quarter. Meridian Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.9% in the 3rd quarter. Meridian Wealth Management LLC now owns 4,161 shares of the company’s stock valued at $238,000 after purchasing an additional 196 shares during the period. Rothschild Investment LLC raised its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 37.4% in the 2nd quarter. Rothschild Investment LLC now owns 727 shares of the company’s stock valued at $40,000 after purchasing an additional 198 shares during the period. Johnson Investment Counsel Inc. lifted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 11,528 shares of the company’s stock valued at $659,000 after purchasing an additional 199 shares during the last quarter. Finally, HBK Sorce Advisory LLC grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the third quarter. HBK Sorce Advisory LLC now owns 11,890 shares of the company’s stock worth $686,000 after purchasing an additional 212 shares during the period. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.9%

Shares of NYSEARCA SPMD opened at $62.75 on Wednesday. The company has a market capitalization of $16.46 billion, a P/E ratio of 4.41 and a beta of 1.07. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $63.67. The stock has a 50 day moving average of $60.77 and a 200-day moving average of $58.41.

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.