SPDR S&P MidCap 400 ETF Trust $MDY Shares Bought by HB Wealth Management LLC

HB Wealth Management LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 32.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,135 shares of the exchange traded fund’s stock after buying an additional 1,266 shares during the period. HB Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,061,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Brown Lisle Cummings Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 110.0% in the third 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 acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $40,000. ST Germain D J Co. Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $42,000. RMG Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $45,000. Finally, Tripletail Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $49,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.9%

MDY stock opened at $631.38 on Friday. The company’s 50-day moving average price is $603.24 and its 200 day moving average price is $593.15. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week high of $632.21. The company has a market cap of $25.36 billion, a P/E ratio of 18.98 and a beta of 1.06.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.