Mountain Hill Investment Partners Corp. Takes Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Mountain Hill Investment Partners Corp. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, HoldingsChannel reports. The firm acquired 300 shares of the exchange traded fund’s stock, valued at approximately $171,000.

Several other institutional investors have also recently added to or reduced their stakes in MDY. Hohimer Wealth Management LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% during the 3rd quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 18 shares during the period. WP Advisors LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 2.7% during the fourth quarter. WP Advisors LLC now owns 694 shares of the exchange traded fund’s stock worth $395,000 after buying an additional 18 shares during the period. Rothschild Investment LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 20.0% in the 4th quarter. Rothschild Investment LLC now owns 120 shares of the exchange traded fund’s stock worth $69,000 after buying an additional 20 shares during the last quarter. Mutual Advisors LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 0.6% in the 4th quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock valued at $2,211,000 after buying an additional 21 shares during the period. Finally, Avidian Wealth Enterprises LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 4.8% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 506 shares of the exchange traded fund’s stock valued at $288,000 after buying an additional 23 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $537.89 on Monday. The firm’s 50-day simple moving average is $570.98 and its 200-day simple moving average is $576.51. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $511.97 and a 1-year high of $624.13. The firm has a market cap of $22.26 billion, a P/E ratio of 18.55 and a beta of 1.14.

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.