TFG Advisers LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 953 shares of the exchange traded fund’s stock after acquiring an additional 32 shares during the quarter. TFG Advisers LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $543,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in MDY. DiNuzzo Private Wealth Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $28,000. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $28,000. New Wave Wealth Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $32,000. Brooklyn Investment Group acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $36,000. Finally, Peterson Financial Group Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $68,000.
SPDR S&P MidCap 400 ETF Trust Stock Down 1.2 %
Shares of NYSEARCA:MDY opened at $585.37 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $501.24 and a 52 week high of $624.13. The company has a 50-day moving average price of $587.76 and a 200 day moving average price of $574.41. The company has a market cap of $23.13 billion, a P/E ratio of 15.70 and a beta of 1.09.
About SPDR S&P MidCap 400 ETF Trust
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.
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Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
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