Benchmark Financial Wealth Advisors LLC Has $4.59 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Benchmark Financial Wealth Advisors LLC grew its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,053 shares of the exchange traded fund’s stock after purchasing an additional 187 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.5% of Benchmark Financial Wealth Advisors LLC’s holdings, making the stock its 16th biggest holding. Benchmark Financial Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,588,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ruedi Wealth Management Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $26,000. Ridgewood Investments LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $25,000. Addison Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $27,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $28,000. Finally, Chris Bulman Inc acquired a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $30,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.4 %

Shares of NYSEARCA:MDY opened at $576.69 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $439.81 and a 12-month high of $585.50. The stock has a market cap of $22.79 billion, a PE ratio of 15.70 and a beta of 1.09. The business has a 50 day moving average of $565.21 and a 200-day moving average of $550.39.

SPDR S&P MidCap 400 ETF Trust Company 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.