Wealthspire Advisors LLC Increases Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Wealthspire Advisors LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,835 shares of the exchange traded fund’s stock after purchasing an additional 829 shares during the period. Wealthspire Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,020,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. West Financial Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $28,000. New Wave Wealth Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $32,000. Brooklyn Investment Group purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $36,000. Peterson Financial Group Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $68,000. Finally, Newton One Investments LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $69,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $566.50 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $511.97 and a 52-week high of $624.13. The stock has a market capitalization of $23.86 billion, a PE ratio of 19.87 and a beta of 1.13. The stock’s 50 day moving average price is $582.15 and its 200-day moving average price is $577.01.

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.