Stone Summit Wealth LLC Boosts Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Stone Summit Wealth LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 12.5% in the 4th quarter, Holdings Channel reports. The firm owned 4,379 shares of the exchange traded fund’s stock after purchasing an additional 488 shares during the quarter. Stone Summit Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,494,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. PFG Investments LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 17.3% in the 4th quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock valued at $437,000 after buying an additional 113 shares during the period. Flagstar Advisors Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% in the third quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock valued at $3,256,000 after purchasing an additional 152 shares during the period. Signaturefd LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 884.1% in the third quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 557 shares in the last quarter. Inspire Trust Co. N.A. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 19.1% during the 3rd quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after purchasing an additional 1,900 shares during the period. Finally, Frisch Financial Group Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 7.4% during the 3rd quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock valued at $1,216,000 after purchasing an additional 146 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.2 %

Shares of MDY stock opened at $585.37 on Monday. The stock has a market capitalization of $23.13 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $501.24 and a twelve month high of $624.13. The stock has a fifty day simple moving average of $587.15 and a two-hundred day simple moving average of $574.72.

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.