Patten & Patten Inc. TN Purchases Shares of 455 SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Patten & Patten Inc. TN acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 455 shares of the exchange traded fund’s stock, valued at approximately $253,000.

Other large investors also recently added to or reduced their stakes in the company. West Branch Capital LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $25,000. Ruedi Wealth Management Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth $26,000. Hazlett Burt & Watson Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 30 shares during the period. Toth Financial Advisory Corp increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 68.2% in the first quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 30 shares during the period. Finally, Security National Bank purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $51,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.3 %

Shares of MDY stock traded up $1.67 during mid-day trading on Tuesday, reaching $558.95. The stock had a trading volume of 142,116 shares, compared to its average volume of 874,182. The stock’s 50-day moving average price is $541.23 and its two-hundred day moving average price is $530.48. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $569.98. The firm has a market capitalization of $22.09 billion, a PE ratio of 15.70 and a beta of 1.09.

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.