Farther Finance Advisors LLC increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 54.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,307 shares of the exchange traded fund’s stock after buying an additional 1,170 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,971,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Brown Lisle Cummings Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 110.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 33 shares in the last quarter. CoreFirst Bank & Trust bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $40,000. ST Germain D J Co. Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $42,000. RMG Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $45,000. Finally, 1 North Wealth Services LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $52,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.0%
NYSEARCA:MDY opened at $615.33 on Friday. The company has a market cap of $24.26 billion, a PE ratio of 18.98 and a beta of 1.06. The business’s 50 day moving average is $599.27 and its two-hundred day moving average is $588.91. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week high of $622.79.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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