Ground Swell Capital LLC Acquires New Shares in SPDR S&P MidCap 400 ETF Trust $MDY

Ground Swell Capital LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,241 shares of the exchange traded fund’s stock, valued at approximately $765,000. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.5% of Ground Swell Capital LLC’s portfolio, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Topsail Wealth Management LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.0% in the first quarter. Topsail Wealth Management LLC now owns 3,551 shares of the exchange traded fund’s stock valued at $2,190,000 after buying an additional 70 shares during the period. MRWM Advisors LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 21.6% in the 1st quarter. MRWM Advisors LLC now owns 1,068 shares of the exchange traded fund’s stock valued at $659,000 after buying an additional 190 shares during the last quarter. Aegis Wealth Management Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 4.4% during the 1st quarter. Aegis Wealth Management Inc. now owns 1,687 shares of the exchange traded fund’s stock worth $1,041,000 after buying an additional 71 shares during the period. Fiduciary Alliance LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 11.7% during the 1st quarter. Fiduciary Alliance LLC now owns 1,561 shares of the exchange traded fund’s stock worth $1,017,000 after buying an additional 163 shares during the period. Finally, Kestra Private Wealth Services LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 10.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 5,885 shares of the exchange traded fund’s stock worth $3,630,000 after acquiring an additional 540 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $695.29 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $559.89 and a fifty-two week high of $704.12. The company’s 50 day moving average price is $675.44 and its two-hundred day moving average price is $645.66. The firm has a market capitalization of $27.32 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.

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.