Peterson Financial Group Inc. Buys Shares of 119 SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Peterson Financial Group Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 119 shares of the exchange traded fund’s stock, valued at approximately $68,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. International Assets Investment Management LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock valued at $1,237,772,000 after purchasing an additional 2,169,344 shares during the last quarter. Granite Bay Wealth Management LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after buying an additional 2,080,665 shares in the last quarter. US Bancorp DE boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% in the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock valued at $606,098,000 after buying an additional 11,719 shares in the last quarter. Bank of Montreal Can grew its holdings in SPDR S&P MidCap 400 ETF Trust by 3.5% during the second quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock worth $269,741,000 after acquiring an additional 17,125 shares during the period. Finally, Raymond James & Associates grew its holdings in SPDR S&P MidCap 400 ETF Trust by 0.5% during the third quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock worth $210,230,000 after acquiring an additional 1,811 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $586.13 on Friday. The business’s fifty day moving average price is $572.29 and its 200 day moving average price is $554.18. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.42 and a 1-year high of $609.69. The firm has a market capitalization of $23.16 billion, a PE ratio of 15.70 and a beta of 1.09.

About SPDR S&P MidCap 400 ETF Trust

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.