Newton One Investments LLC Purchases New Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Newton One Investments LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 121 shares of the exchange traded fund’s stock, valued at approximately $69,000.

Other institutional investors have also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth about $28,000. West Financial Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $28,000. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $32,000. Brooklyn Investment Group bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $36,000. Finally, Peterson Financial Group Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at approximately $68,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.1 %

NYSEARCA:MDY opened at $584.08 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $495.53 and a 12 month high of $624.13. The firm’s 50 day moving average is $589.96 and its 200 day moving average is $573.68. The stock has a market capitalization of $23.08 billion, a PE 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.