Dynamic Advisor Solutions LLC Buys 263 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Dynamic Advisor Solutions LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 12.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,300 shares of the exchange traded fund’s stock after acquiring an additional 263 shares during the period. Dynamic Advisor Solutions LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,231,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Granite Bay Wealth Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after buying an additional 2,080,665 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock worth $749,171,000 after purchasing an additional 22,417 shares during the period. Pathstone Holdings LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $485,301,000. UBS Group AG raised its stake in SPDR S&P MidCap 400 ETF Trust by 2.0% in the fourth quarter. UBS Group AG now owns 611,939 shares of the exchange traded fund’s stock valued at $310,486,000 after purchasing an additional 12,187 shares in the last quarter. Finally, Scarborough Advisors LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2,656.0% during the 4th quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock worth $154,137,000 after acquiring an additional 292,768 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock traded up $3.88 during midday trading on Tuesday, hitting $536.78. 84,142 shares of the company traded hands, compared to its average volume of 884,555. The firm’s fifty day moving average price is $541.09 and its 200-day moving average price is $535.41. The stock has a market cap of $21.21 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $574.11.

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.