Lowe Wealth Advisors LLC Boosts Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Lowe Wealth Advisors LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,300 shares of the exchange traded fund’s stock after buying an additional 119 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up approximately 1.0% of Lowe Wealth Advisors LLC’s holdings, making the stock its 14th largest holding. Lowe Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,449,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of MDY. Heartwood Wealth Advisors LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 4.2% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 689 shares of the exchange traded fund’s stock valued at $392,000 after purchasing an additional 28 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 17.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 94,978 shares of the exchange traded fund’s stock valued at $54,105,000 after buying an additional 13,836 shares during the last quarter. ORG Partners LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 50.0% during the 4th quarter. ORG Partners LLC now owns 129 shares of the exchange traded fund’s stock valued at $74,000 after buying an additional 43 shares during the period. Cumberland Advisors Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 4.5% in the 4th quarter. Cumberland Advisors Inc. now owns 49,482 shares of the exchange traded fund’s stock worth $28,184,000 after acquiring an additional 2,115 shares during the last quarter. Finally, Rise Advisors LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 6.6% in the fourth quarter. Rise Advisors LLC now owns 681 shares of the exchange traded fund’s stock valued at $388,000 after acquiring an additional 42 shares during the period.

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

Shares of NYSEARCA:MDY traded down $8.12 during midday trading on Friday, hitting $565.61. 820,311 shares of the stock traded hands, compared to its average volume of 819,676. The business’s 50 day moving average is $591.04 and its two-hundred day moving average is $567.66. The stock has a market capitalization of $22.35 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $487.66 and a one year high of $624.13.

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.