Activest Wealth Management Raises Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Activest Wealth Management raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 454.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 133 shares of the exchange traded fund’s stock after acquiring an additional 109 shares during the period. Activest Wealth Management’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $76,000 as of its most recent filing with the SEC.

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

SPDR S&P MidCap 400 ETF Trust Stock Up 0.6 %

Shares of NYSEARCA:MDY traded up $3.69 during trading on Thursday, reaching $594.85. 50,110 shares of the company’s stock traded hands, compared to its average volume of 829,002. The firm has a market cap of $23.51 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $463.89 and a fifty-two week high of $609.69. The company has a 50-day simple moving average of $575.20 and a 200-day simple moving average of $555.42.

SPDR S&P MidCap 400 ETF Trust 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.