First Horizon Advisors Inc. Buys 537 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

First Horizon Advisors Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,741 shares of the exchange traded fund’s stock after purchasing an additional 537 shares during the period. First Horizon Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,651,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MDY. Aviso Financial Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $27,000. Marshall Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $33,000. RMG Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $45,000. Banque Cantonale Vaudoise bought a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $51,000. Finally, 1 North Wealth Services LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $52,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.7%

Shares of NYSEARCA MDY opened at $591.43 on Thursday. The company’s fifty day moving average is $596.34 and its 200-day moving average is $573.81. The stock has a market cap of $23.31 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $624.13.

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.