Sequoia Financial Advisors LLC Buys 53 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sequoia Financial Advisors LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,376 shares of the exchange traded fund’s stock after purchasing an additional 53 shares during the period. Sequoia Financial Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $784,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. PFG Investments LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 17.3% in the 4th quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock valued at $437,000 after buying an additional 113 shares in the last quarter. Flagstar Advisors Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 2.7% in the third quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock valued at $3,256,000 after purchasing an additional 152 shares during the last quarter. Inspire Trust Co. N.A. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 19.1% during the third quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after acquiring an additional 1,900 shares during the last quarter. Frisch Financial Group Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.4% during the third quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock worth $1,216,000 after acquiring an additional 146 shares during the last quarter. Finally, Avior Wealth Management LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 24.3% during the fourth quarter. Avior Wealth Management LLC now owns 593 shares of the exchange traded fund’s stock worth $338,000 after acquiring an additional 116 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock opened at $535.74 on Monday. The company has a market cap of $22.17 billion, a P/E ratio of 18.55 and a beta of 1.14. The stock has a 50 day simple moving average of $574.02 and a two-hundred day simple moving average of $577.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $511.97 and a fifty-two week high of $624.13.

SPDR S&P MidCap 400 ETF Trust Company 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.