SPDR S&P MidCap 400 ETF Trust $MDY Stake Raised by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 721.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,229 shares of the exchange traded fund’s stock after acquiring an additional 2,836 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,995,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Smithbridge Asset Management Inc. DE bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $268,000. Eagle Bluffs Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth approximately $202,000. Deltec Asset Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth approximately $481,000. Alexis Investment Partners LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 22.4% during the first quarter. Alexis Investment Partners LLC now owns 14,164 shares of the exchange traded fund’s stock valued at $8,485,000 after purchasing an additional 2,594 shares during the last quarter. Finally, Financial & Tax Architects LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $4,743,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $693.70 on Monday. The stock has a market capitalization of $27.60 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $559.89 and a 1-year high of $704.45. The company has a 50 day moving average price of $678.82 and a 200 day moving average price of $648.91.

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.