Wealthcare Capital Management LLC Sells 2,035 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Wealthcare Capital Management LLC cut its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 7.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,370 shares of the company’s stock after selling 2,035 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF comprises about 0.2% of Wealthcare Capital Management LLC’s investment portfolio, making the stock its 26th largest position. Wealthcare Capital Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,434,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in SPMD. Spectrum Planning & Advisory Services Inc. raised its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.2% in the 2nd quarter. Spectrum Planning & Advisory Services Inc. now owns 4,608 shares of the company’s stock worth $251,000 after acquiring an additional 185 shares in the last quarter. Post Resch Tallon Group Inc. grew its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% in the second quarter. Post Resch Tallon Group Inc. now owns 47,237 shares of the company’s stock worth $2,569,000 after purchasing an additional 187 shares during the last quarter. Narus Financial Partners LLC increased its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% during the second quarter. Narus Financial Partners LLC now owns 9,474 shares of the company’s stock worth $515,000 after purchasing an additional 205 shares in the last quarter. Graypoint LLC lifted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.7% during the 1st quarter. Graypoint LLC now owns 13,367 shares of the company’s stock valued at $684,000 after purchasing an additional 220 shares during the last quarter. Finally, Legacy Financial Strategies LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 4.3% in the 2nd quarter. Legacy Financial Strategies LLC now owns 6,094 shares of the company’s stock worth $331,000 after purchasing an additional 253 shares in the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

Shares of NYSEARCA SPMD opened at $57.64 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $43.99 and a fifty-two week high of $59.94. The company has a market cap of $14.50 billion, a PE ratio of 4.05 and a beta of 1.13. The business has a 50-day simple moving average of $56.67 and a two-hundred day simple moving average of $53.81.

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.