Zhang Financial LLC Purchases 20,005 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

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

Several other hedge funds have also added to or reduced their stakes in the business. Creative Planning raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 3.6% during the second quarter. Creative Planning now owns 83,062,157 shares of the company’s stock valued at $4,516,920,000 after acquiring an additional 2,922,150 shares during the last quarter. Vicus Capital increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 4,002.1% in the third quarter. Vicus Capital now owns 642,672 shares of the company’s stock valued at $36,754,000 after purchasing an additional 627,005 shares during the period. Thrivent Financial for Lutherans raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 3,714.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 627,323 shares of the company’s stock worth $34,114,000 after purchasing an additional 610,877 shares during the last quarter. Hills Bank & Trust Co grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 96.5% in the 2nd quarter. Hills Bank & Trust Co now owns 1,195,251 shares of the company’s stock valued at $64,998,000 after buying an additional 586,903 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock worth $146,720,000 after acquiring an additional 555,823 shares during the period. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Price Performance

Shares of SPMD stock opened at $62.75 on Wednesday. The stock has a market capitalization of $16.46 billion, a PE ratio of 4.41 and a beta of 1.07. The business’s 50 day simple moving average is $60.77 and its 200 day simple moving average is $58.41. SPDR Portfolio S&P 400 Mid Cap ETF has a one year low of $43.99 and a one year high of $63.67.

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.