Essential Planning LLC. Invests $8.93 Million in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Essential Planning LLC. acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,261 shares of the exchange traded fund’s stock, valued at approximately $8,932,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. PNC Financial Services Group Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after purchasing an additional 5,825 shares during the period. Proficio Capital Partners LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 8,245.4% during the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock valued at $330,835,000 after acquiring an additional 573,881 shares during the period. Raymond James Financial Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $328,419,000. Strategic Financial Concepts LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after acquiring an additional 376,929 shares during the period. Finally, JPMorgan Chase & Co. grew its position in SPDR S&P MidCap 400 ETF Trust by 5.9% during the third quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock valued at $193,762,000 after acquiring an additional 19,030 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.6 %

MDY stock opened at $531.63 on Wednesday. The stock has a 50-day moving average price of $576.48 and a two-hundred day moving average price of $577.77. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $511.97 and a 12-month high of $624.13. The company has a market cap of $22.00 billion, a PE ratio of 18.55 and a beta of 1.14.

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.