NewEdge Wealth LLC Acquires 1,320 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

NewEdge Wealth LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 190.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,012 shares of the exchange traded fund’s stock after buying an additional 1,320 shares during the period. NewEdge Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in MDY. Signet Financial Management LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 19.0% during the 3rd quarter. Signet Financial Management LLC now owns 571 shares of the exchange traded fund’s stock worth $341,000 after purchasing an additional 91 shares in the last quarter. Axxcess Wealth Management LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.6% during the third quarter. Axxcess Wealth Management LLC now owns 2,549 shares of the exchange traded fund’s stock valued at $1,519,000 after buying an additional 39 shares during the period. Arvest Bank Trust Division lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% in the third quarter. Arvest Bank Trust Division now owns 232,628 shares of the exchange traded fund’s stock worth $138,653,000 after buying an additional 704 shares in the last quarter. GSA Capital Partners LLP boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 51.4% in the third quarter. GSA Capital Partners LLP now owns 3,474 shares of the exchange traded fund’s stock valued at $2,071,000 after acquiring an additional 1,179 shares during the period. Finally, Providence Financial Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $3,448,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.6%

SPDR S&P MidCap 400 ETF Trust stock opened at $658.61 on Monday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $662.65. The firm has a market capitalization of $25.57 billion, a PE ratio of 18.98 and a beta of 1.06. The firm’s 50 day simple moving average is $631.10 and its 200 day simple moving average is $607.19.

About SPDR S&P MidCap 400 ETF Trust

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.