Strategic Financial Concepts LLC Sells 18,219 Shares of SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Strategic Financial Concepts LLC lessened its stake in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 67.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,963 shares of the company’s stock after selling 18,219 shares during the quarter. Strategic Financial Concepts LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $519,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Worth Financial Advisory Group LLC raised its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 1.1% in the fourth quarter. Worth Financial Advisory Group LLC now owns 15,364 shares of the company’s stock valued at $890,000 after buying an additional 163 shares during the period. CENTRAL TRUST Co boosted its stake in SPDR Portfolio S&P 400 Mid Cap ETF by 31.2% in 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 stake in SPDR Portfolio S&P 400 Mid Cap ETF by 0.3% in 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. Flagship Private Wealth LLC grew its position in SPDR Portfolio S&P 400 Mid Cap ETF by 2.2% during the third quarter. Flagship Private Wealth LLC now owns 8,430 shares of the company’s stock worth $482,000 after buying an additional 178 shares in the last quarter. Finally, Crewe Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after purchasing an additional 182 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.9%

SPMD opened at $64.45 on Friday. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $51.63 and a 12-month high of $65.85. The stock has a 50-day moving average price of $61.89 and a 200-day moving average price of $60.45. The stock has a market capitalization of $17.19 billion, a P/E ratio of 4.53 and a beta of 1.02.

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.