SPDR Portfolio S&P 400 Mid Cap ETF $SPMD is Financial Gravity Asset Management Inc.’s 9th Largest Position

Financial Gravity Asset Management Inc. grew its position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 287,163 shares of the company’s stock after buying an additional 14,990 shares during the period. SPDR Portfolio S&P 400 Mid Cap ETF accounts for approximately 3.2% of Financial Gravity Asset Management Inc.’s investment portfolio, making the stock its 9th largest position. Financial Gravity Asset Management Inc. owned 0.11% of SPDR Portfolio S&P 400 Mid Cap ETF worth $16,630,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Outlook Wealth Advisors LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the 4th quarter. Outlook Wealth Advisors LLC now owns 8,881 shares of the company’s stock worth $514,000 after purchasing an additional 160 shares during the period. Worth Financial Advisory Group LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.1% during the 4th quarter. Worth Financial Advisory Group LLC now owns 15,364 shares of the company’s stock worth $890,000 after purchasing an additional 163 shares during the period. CENTRAL TRUST Co boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 31.2% during the 4th quarter. CENTRAL TRUST Co now owns 731 shares of the company’s stock worth $42,000 after purchasing an additional 174 shares during the period. Aspire Private Capital LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.3% during the 4th quarter. Aspire Private Capital LLC now owns 53,946 shares of the company’s stock worth $3,124,000 after purchasing an additional 175 shares during the period. Finally, Crewe Advisors LLC boosted its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% during the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after purchasing an additional 182 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Performance

NYSEARCA:SPMD opened at $66.68 on Friday. The stock has a market capitalization of $17.78 billion, a P/E ratio of 4.68 and a beta of 1.01. The company has a 50 day moving average price of $63.85 and a 200 day moving average price of $61.41. SPDR Portfolio S&P 400 Mid Cap ETF has a fifty-two week low of $52.46 and a fifty-two week high of $66.99.

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.