Black Swift Group LLC Invests $14.42 Million in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Black Swift Group LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 25,308 shares of the exchange traded fund’s stock, valued at approximately $14,417,000. SPDR S&P MidCap 400 ETF Trust accounts for 3.2% of Black Swift Group LLC’s holdings, making the stock its 7th largest position.

Other institutional investors also recently bought and sold shares of the company. First Foundation Advisors boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 28.5% during the first quarter. First Foundation Advisors now owns 699 shares of the exchange traded fund’s stock worth $389,000 after purchasing an additional 155 shares during the period. &PARTNERS grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 14.3% in the 2nd quarter. &PARTNERS now owns 1,134 shares of the exchange traded fund’s stock worth $607,000 after buying an additional 142 shares during the last quarter. Brighton Jones LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 25.6% during the second quarter. Brighton Jones LLC now owns 2,047 shares of the exchange traded fund’s stock valued at $1,095,000 after buying an additional 417 shares during the period. Orion Portfolio Solutions LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.5% in the 1st quarter. Orion Portfolio Solutions LLC now owns 1,447 shares of the exchange traded fund’s stock valued at $805,000 after purchasing an additional 101 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 146,894 shares of the exchange traded fund’s stock valued at $78,600,000 after purchasing an additional 8,182 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $597.88 on Thursday. The firm’s 50-day simple moving average is $570.38 and its two-hundred day simple moving average is $553.31. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $454.86 and a fifty-two week high of $609.69. The stock has a market cap of $23.63 billion, a PE ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Company Profile

SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items.