SFG Wealth Management LLC. Grows Stake in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

SFG Wealth Management LLC. boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMDFree Report) by 155.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,619 shares of the company’s stock after purchasing an additional 10,109 shares during the quarter. SFG Wealth Management LLC.’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $1,123,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Outlook Wealth Advisors LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.8% during the fourth quarter. Outlook Wealth Advisors LLC now owns 8,881 shares of the company’s stock valued at $514,000 after purchasing an additional 160 shares in the last quarter. Astoria Portfolio Advisors LLC. grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.8% in the first quarter. Astoria Portfolio Advisors LLC. now owns 6,258 shares of the company’s stock valued at $400,000 after purchasing an additional 172 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 0.6% in the fourth quarter. Kestra Advisory Services LLC now owns 34,434 shares of the company’s stock valued at $1,994,000 after purchasing an additional 189 shares in the last quarter. Meridian Wealth Management LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 4.9% in the fourth quarter. Meridian Wealth Management LLC now owns 4,363 shares of the company’s stock worth $253,000 after purchasing an additional 202 shares during the last quarter. Finally, Team Financial Group LLC increased its position in SPDR Portfolio S&P 400 Mid Cap ETF by 11.5% in the first quarter. Team Financial Group LLC now owns 2,088 shares of the company’s stock worth $124,000 after purchasing an additional 216 shares during the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.2%

Shares of NYSEARCA SPMD opened at $66.47 on Friday. The firm’s 50-day moving average price is $66.82 and its 200-day moving average price is $64.34. The stock has a market capitalization of $18.39 billion, a price-to-earnings ratio of 4.67 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $54.53 and a 12-month high of $68.97.

About SPDR Portfolio S&P 400 Mid Cap ETF

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD)

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