CoreCap Advisors LLC Acquires Shares of 4,026 SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

CoreCap Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,026 shares of the exchange traded fund’s stock, valued at approximately $2,154,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Greystone Financial Group LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $273,000. Wells Fargo & Company MN boosted its stake in SPDR S&P MidCap 400 ETF Trust by 1.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock worth $749,171,000 after purchasing an additional 22,417 shares in the last quarter. Legacy Advisors LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 3.1% during the 4th quarter. Legacy Advisors LLC now owns 17,447 shares of the exchange traded fund’s stock valued at $8,852,000 after purchasing an additional 517 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 96.9% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 4,398 shares of the exchange traded fund’s stock worth $2,231,000 after buying an additional 2,164 shares in the last quarter. Finally, Pathstone Holdings LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $485,301,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.8 %

SPDR S&P MidCap 400 ETF Trust stock opened at $545.76 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $574.11. The stock has a fifty day simple moving average of $548.88 and a two-hundred day simple moving average of $541.68. The firm has a market cap of $21.57 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.