Rise Advisors LLC Purchases 718 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Rise Advisors LLC grew its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 55.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,011 shares of the exchange traded fund’s stock after buying an additional 718 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 0.4% of Rise Advisors LLC’s holdings, making the stock its 25th largest holding. Rise Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,414,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Sound Income Strategies LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% in the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 32 shares in the last quarter. High Point Wealth Management LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $34,000. Ascentis Independent Advisors bought a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $41,000. EFG International AG bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $40,000. Finally, RMG Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $53,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $709.05 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a one year low of $568.21 and a one year high of $712.43. The company has a market capitalization of $27.29 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. The company’s 50-day simple moving average is $691.44 and its two-hundred day simple moving average is $662.50.

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