SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Purchased by PFG Advisors

PFG Advisors raised its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 9.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,491 shares of the exchange traded fund’s stock after buying an additional 475 shares during the quarter. PFG Advisors’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,128,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Ruedi Wealth Management Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $26,000. Ridgewood Investments LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $25,000. Addison Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $27,000. Chris Bulman Inc purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $38,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $583.22 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $584.91. The company’s 50 day simple moving average is $558.65 and its 200 day simple moving average is $546.60. The company has a market capitalization of $23.05 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.