Compass Wealth Management LLC Cuts Stock Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Compass Wealth Management LLC cut its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 83.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,698 shares of the company’s stock after selling 55,659 shares during the quarter. Compass Wealth Management LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $612,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SPMD. Creative Planning raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 3.6% during the 2nd quarter. Creative Planning now owns 83,062,157 shares of the company’s stock worth $4,516,920,000 after buying an additional 2,922,150 shares during the last quarter. Valmark Advisers Inc. increased its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% during the third quarter. Valmark Advisers Inc. now owns 6,837,085 shares of the company’s stock worth $391,013,000 after acquiring an additional 193,168 shares during the period. CWM LLC raised its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 0.7% during the third quarter. CWM LLC now owns 4,728,484 shares of the company’s stock worth $270,422,000 after purchasing an additional 33,612 shares in the last quarter. Facet Wealth Inc. lifted its position in SPDR Portfolio S&P 400 Mid Cap ETF by 6.8% in the third quarter. Facet Wealth Inc. now owns 2,910,476 shares of the company’s stock valued at $166,450,000 after purchasing an additional 184,356 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 25.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,698,043 shares of the company’s stock valued at $146,720,000 after purchasing an additional 555,823 shares in the last quarter. 61.70% of the stock is owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.0%

NYSEARCA SPMD opened at $61.08 on Tuesday. The stock has a market capitalization of $15.98 billion, a price-to-earnings ratio of 4.29 and a beta of 1.07. The business’s 50 day moving average is $58.93 and its two-hundred day moving average is $57.44. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $43.99 and a 12-month high of $62.33.

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.