Flagship Wealth Advisors LLC Buys New Shares in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Flagship Wealth Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 87 shares of the exchange traded fund’s stock, valued at approximately $50,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PFG Investments LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 17.3% during the fourth quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock worth $437,000 after acquiring an additional 113 shares during the last quarter. Flagstar Advisors Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 2.7% during the third quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock worth $3,256,000 after acquiring an additional 152 shares during the last quarter. Inspire Trust Co. N.A. increased its stake in SPDR S&P MidCap 400 ETF Trust by 19.1% during the third quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after acquiring an additional 1,900 shares during the last quarter. Frisch Financial Group Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 7.4% during the third quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock worth $1,216,000 after acquiring an additional 146 shares during the last quarter. Finally, Avior Wealth Management LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 24.3% during the fourth quarter. Avior Wealth Management LLC now owns 593 shares of the exchange traded fund’s stock worth $338,000 after acquiring an additional 116 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $543.73 on Tuesday. The firm has a market capitalization of $22.50 billion, a PE ratio of 18.55 and a beta of 1.14. The business has a 50-day moving average of $573.38 and a two-hundred day moving average of $576.97. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13.

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.