J.Safra Asset Management Corp Buys New Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

J.Safra Asset Management Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 45 shares of the exchange traded fund’s stock, valued at approximately $26,000.

A number of other hedge funds have also recently modified their holdings of the stock. Cookson Peirce & Co. Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $242,000. Carrera Capital Advisors grew its position in SPDR S&P MidCap 400 ETF Trust by 10.0% during the 4th quarter. Carrera Capital Advisors now owns 1,637 shares of the exchange traded fund’s stock worth $936,000 after purchasing an additional 149 shares during the last quarter. Disciplined Investments LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 0.9% during the 4th quarter. Disciplined Investments LLC now owns 2,648 shares of the exchange traded fund’s stock worth $1,508,000 after purchasing an additional 23 shares during the last quarter. Synergy Investment Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $44,000. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 1.0% during the 4th quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 7,617 shares of the exchange traded fund’s stock worth $4,517,000 after purchasing an additional 79 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $551.08 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $511.97 and a 1 year high of $624.13. The company has a market capitalization of $23.21 billion, a P/E ratio of 19.87 and a beta of 1.13. The company’s fifty day moving average is $579.15 and its two-hundred day moving average is $578.13.

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.