Avity Investment Management Inc. Increases Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Avity Investment Management Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 15.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 645 shares of the exchange traded fund’s stock after acquiring an additional 85 shares during the period. Avity Investment Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $365,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of MDY. Brighton Jones LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 12.6% in the fourth quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock valued at $1,162,000 after buying an additional 228 shares during the period. Quantinno Capital Management LP purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $932,000. Strategic Wealth Partners Ltd. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 14.5% in the fourth quarter. Strategic Wealth Partners Ltd. now owns 1,205 shares of the exchange traded fund’s stock valued at $704,000 after buying an additional 153 shares during the period. TrinityPoint Wealth LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 2.8% in the fourth quarter. TrinityPoint Wealth LLC now owns 1,613 shares of the exchange traded fund’s stock valued at $919,000 after buying an additional 44 shares during the period. Finally, Visionary Wealth Advisors raised its holdings in SPDR S&P MidCap 400 ETF Trust by 7.5% in the fourth quarter. Visionary Wealth Advisors now owns 633 shares of the exchange traded fund’s stock valued at $361,000 after buying an additional 44 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $600.62 on Monday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The company’s 50 day moving average price is $585.03 and its 200 day moving average price is $554.89. The firm has a market capitalization of $23.80 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12.

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.