Avantax Advisory Services Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.0% during the fourth quarter, Holdings Channel reports. The firm owned 23,396 shares of the exchange traded fund’s stock after purchasing an additional 691 shares during the period. Avantax Advisory Services Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $13,326,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. J.Safra Asset Management Corp acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $26,000. West Financial Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $28,000. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $32,000. Brooklyn Investment Group purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $36,000. Finally, Synergy Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $44,000.
SPDR S&P MidCap 400 ETF Trust Stock Down 0.1 %
NYSEARCA:MDY opened at $531.33 on Thursday. The stock has a fifty day simple moving average of $575.72 and a 200 day simple moving average of $577.44. The firm has a market capitalization of $21.99 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $511.97 and a 1-year high of $624.13.
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.
Read More
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- What is a Secondary Public Offering? What Investors Need to Know
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
- Investing In Preferred Stock vs. Common Stock
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- The Most Important Warren Buffett Stock for Investors: His Own
- Why Energy Transfer Belongs on Your Watchlist
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.
