Strategic Financial Concepts LLC increased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 41,522.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 237,663 shares of the exchange traded fund’s stock after purchasing an additional 237,092 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 0.5% of Strategic Financial Concepts LLC’s portfolio, making the stock its 26th largest position. Strategic Financial Concepts LLC owned 0.60% of SPDR S&P MidCap 400 ETF Trust worth $127,169,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the company. Ridgewood Investments LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $25,000. Ruedi Wealth Management Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $26,000. Addison Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $38,000. Finally, Toth Financial Advisory Corp increased its holdings in SPDR S&P MidCap 400 ETF Trust by 68.2% during the 1st quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 30 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Down 1.3 %
SPDR S&P MidCap 400 ETF Trust stock opened at $537.95 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $574.11. The stock has a market cap of $21.26 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock has a 50 day moving average of $548.09 and a 200-day moving average of $541.21.
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.
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