Houlihan Financial Resource Group Ltd. Has $4.08 Million Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Houlihan Financial Resource Group Ltd. increased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 107.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,647 shares of the exchange traded fund’s stock after purchasing an additional 3,440 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up 1.6% of Houlihan Financial Resource Group Ltd.’s portfolio, making the stock its 21st biggest position. Houlihan Financial Resource Group Ltd.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,083,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its position in SPDR S&P MidCap 400 ETF Trust by 28.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock worth $469,835,000 after purchasing an additional 175,255 shares during the period. Moore Capital Management LP increased its position in SPDR S&P MidCap 400 ETF Trust by 73.2% in the second quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares during the period. Raymond James Financial Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 0.6% in the third quarter. Raymond James Financial Inc. now owns 529,533 shares of the exchange traded fund’s stock worth $315,618,000 after purchasing an additional 2,995 shares during the period. Bank of Montreal Can increased its position in SPDR S&P MidCap 400 ETF Trust by 0.4% in the third quarter. Bank of Montreal Can now owns 502,730 shares of the exchange traded fund’s stock worth $299,642,000 after purchasing an additional 1,879 shares during the period. Finally, Corient Private Wealth LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 98.3% in the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after purchasing an additional 240,356 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.1%

Shares of MDY stock opened at $679.25 on Friday. The stock has a 50-day moving average price of $649.33 and a 200 day moving average price of $632.14. The firm has a market cap of $26.69 billion, a price-to-earnings ratio of 18.98 and a beta of 1.02. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $540.43 and a 12 month high of $685.50.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.