GFS Advisors LLC Boosts Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

GFS Advisors LLC raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,143 shares of the exchange traded fund’s stock after purchasing an additional 685 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 2.0% of GFS Advisors LLC’s investment portfolio, making the stock its 19th largest holding. GFS Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,196,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Ruedi Wealth Management Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $26,000. Ridgewood Investments LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $25,000. Addison Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $27,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $28,000. Finally, Chris Bulman Inc acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $30,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $566.79 on Friday. The business has a fifty day moving average price of $564.84 and a 200 day moving average price of $549.38. SPDR S&P MidCap 400 ETF Trust has a one year low of $439.14 and a one year high of $585.50. The company has a market cap of $22.40 billion, a P/E 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.