New Wave Wealth Advisors LLC Invests $32,000 in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 57 shares of the exchange traded fund’s stock, valued at approximately $32,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after acquiring an additional 18 shares during the period. GenTrust LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 0.5% during the third quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock worth $1,927,000 after purchasing an additional 18 shares in the last quarter. Hohimer Wealth Management LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 1.5% in the third quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 18 shares during the last quarter. SPC Financial Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.2% in the third quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock valued at $353,000 after buying an additional 19 shares in the last quarter. Finally, Mutual Advisors LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% during the 4th quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock worth $2,211,000 after buying an additional 21 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.0 %

Shares of NYSEARCA MDY opened at $590.68 on Friday. The stock has a market cap of $23.34 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The company’s 50-day moving average price is $590.36 and its 200 day moving average price is $573.31. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $495.53 and a 52 week 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.