LPL Financial LLC Acquires 21,353 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

LPL Financial LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 14.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 165,022 shares of the exchange traded fund’s stock after purchasing an additional 21,353 shares during the period. LPL Financial LLC owned about 0.42% of SPDR S&P MidCap 400 ETF Trust worth $93,993,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MDY. J.Safra Asset Management Corp acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $26,000. West Financial Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $32,000. Brooklyn Investment Group acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $36,000. Finally, Synergy Investment Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $44,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.3 %

NYSEARCA:MDY opened at $549.46 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $511.97 and a twelve month high of $624.13. The company has a fifty day moving average of $570.05 and a 200-day moving average of $576.63. The firm has a market capitalization of $22.54 billion, a P/E ratio of 18.90 and a beta of 1.14.

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.