Essex Financial Services Inc. Has $1.47 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Essex Financial Services Inc. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,574 shares of the exchange traded fund’s stock after purchasing an additional 97 shares during the quarter. Essex Financial Services Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,466,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. BostonPremier Wealth LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $211,000. Summit Trail Advisors LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 8.1% in the 4th quarter. Summit Trail Advisors LLC now owns 2,274 shares of the exchange traded fund’s stock worth $1,300,000 after purchasing an additional 171 shares during the last quarter. Sapient Capital LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 8.0% during the 4th quarter. Sapient Capital LLC now owns 661 shares of the exchange traded fund’s stock worth $378,000 after purchasing an additional 49 shares in the last quarter. Pachira Investments Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3,702.4% during the 4th quarter. Pachira Investments Inc. now owns 17,339 shares of the exchange traded fund’s stock valued at $9,853,000 after buying an additional 16,883 shares during the last quarter. Finally, Panoramic Capital Partners LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $758,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $583.12 on Wednesday. The company has a market capitalization of $23.04 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock’s 50 day moving average price is $586.60 and its 200 day moving average price is $575.15. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $501.24 and a 52 week high of $624.13.

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.