Kingswood Wealth Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,105 shares of the exchange traded fund’s stock, valued at approximately $629,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Flagstar Advisors Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 2.7% during the third quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock worth $3,256,000 after purchasing an additional 152 shares during the period. Signaturefd LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 884.1% during the 3rd quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock valued at $353,000 after buying an additional 557 shares during the period. Thrivent Financial for Lutherans lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 16.0% in the second quarter. Thrivent Financial for Lutherans now owns 2,719 shares of the exchange traded fund’s stock valued at $1,455,000 after acquiring an additional 376 shares during the last quarter. Inspire Trust Co. N.A. grew its position in SPDR S&P MidCap 400 ETF Trust by 19.1% in the third quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after acquiring an additional 1,900 shares during the period. Finally, Centaurus Financial Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 167.3% in the second quarter. Centaurus Financial Inc. now owns 3,381 shares of the exchange traded fund’s stock valued at $1,809,000 after purchasing an additional 2,116 shares during the period.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.4 %
NYSEARCA MDY opened at $589.68 on Thursday. The stock has a fifty day simple moving average of $590.47 and a 200-day simple moving average of $573.03. The stock has a market cap of $23.30 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $495.53 and a twelve month high of $624.13.
SPDR S&P MidCap 400 ETF Trust 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.
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