Empower Advisory Group LLC Grows Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Empower Advisory Group LLC raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 15.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 526 shares of the exchange traded fund’s stock after purchasing an additional 72 shares during the quarter. Empower Advisory Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $299,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in MDY. Ridgewood Investments LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $25,000. Addison Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $27,000. DiNuzzo Private Wealth Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $28,000. Chris Bulman Inc acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $38,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $586.13 on Friday. The company has a market capitalization of $23.16 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.42 and a one year high of $609.69. The stock has a 50-day simple moving average of $571.32 and a 200 day simple moving average of $553.58.

SPDR S&P MidCap 400 ETF Trust Company Profile

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.