Waller Financial Planning Group Inc. Lowers Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Waller Financial Planning Group Inc. cut its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 10.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 151,413 shares of the company’s stock after selling 17,594 shares during the quarter. SPDR Portfolio S&P 400 Mid Cap ETF comprises 2.1% of Waller Financial Planning Group Inc.’s investment portfolio, making the stock its 14th biggest holding. Waller Financial Planning Group Inc. owned approximately 0.06% of SPDR Portfolio S&P 400 Mid Cap ETF worth $10,229,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WealthPoint Financial LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 17.5% in the first quarter. WealthPoint Financial LLC now owns 6,925 shares of the company’s stock worth $410,000 after purchasing an additional 1,031 shares in the last quarter. Western Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 18.9% during the 1st quarter. Western Wealth Management LLC now owns 216,438 shares of the company’s stock valued at $12,817,000 after buying an additional 34,458 shares in the last quarter. Robinswood Financial LLC purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth about $4,543,000. Midwest Financial Network LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 70.2% in the 1st quarter. Midwest Financial Network LLC now owns 29,065 shares of the company’s stock worth $1,721,000 after buying an additional 11,993 shares during the period. Finally, Financial Solutions Advisory Group Inc. purchased a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth about $3,741,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPDR Portfolio S&P 400 Mid Cap ETF stock opened at $67.91 on Wednesday. SPDR Portfolio S&P 400 Mid Cap ETF has a 1 year low of $54.49 and a 1 year high of $68.01. The firm has a market cap of $18.79 billion, a price-to-earnings ratio of 4.77 and a beta of 1.01. The company has a 50-day moving average of $66.22 and a 200 day moving average of $63.43.

About SPDR Portfolio S&P 400 Mid Cap ETF

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.