Kingswood Wealth Advisors LLC Invests $629,000 in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Kingswood Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, Holdings Channel.com reports. The firm acquired 1,105 shares of the exchange traded fund’s stock, valued at approximately $629,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MDY. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. DiNuzzo Private Wealth Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $28,000. Brooklyn Investment Group purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $36,000. Peterson Financial Group Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth $68,000. Finally, ORG Partners LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 50.0% during the fourth quarter. ORG Partners LLC now owns 129 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 43 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 moving average price of $590.47 and a 200 day moving average price of $573.03. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $495.53 and a 12-month high of $624.13. The firm 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 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.