Ashford Advisors LLC Takes Position in SPDR S&P MidCap 400 ETF Trust $MDY

Ashford Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 1,361 shares of the exchange traded fund’s stock, valued at approximately $813,000. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.2% of Ashford Advisors LLC’s investment portfolio, making the stock its 11th largest holding.

Other large investors have also added to or reduced their stakes in the company. Moore Capital Management LP grew its position in SPDR S&P MidCap 400 ETF Trust by 73.2% during the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 6.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 613,019 shares of the exchange traded fund’s stock valued at $347,263,000 after acquiring an additional 36,384 shares during the last quarter. Tableaux LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $317,795,000. Bank of Montreal Can boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% during the second quarter. Bank of Montreal Can now owns 500,851 shares of the exchange traded fund’s stock worth $283,722,000 after buying an additional 1,910 shares during the period. Finally, Corient Private Wealth LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 98.3% during the 2nd quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after purchasing an additional 240,356 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $635.77 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $648.79. The company has a 50-day simple moving average of $614.79 and a 200-day simple moving average of $598.75. The stock has a market capitalization of $24.93 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06.

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.