Kingswood Wealth Advisors LLC Has $397,000 Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Kingswood Wealth Advisors LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 56.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 782 shares of the exchange traded fund’s stock after acquiring an additional 282 shares during the period. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $397,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MDY. SRS Capital Advisors Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 242.1% during the second quarter. SRS Capital Advisors Inc. now owns 65 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 46 shares during the period. Authentikos Wealth Advisory LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at about $32,000. Newbridge Financial Services Group Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 462.5% during the third quarter. Newbridge Financial Services Group Inc. now owns 90 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 74 shares during the period. Bruce G. Allen Investments LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $44,000. Finally, FinTrust Capital Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at about $46,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY stock opened at $554.42 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $554.42. The company has a 50-day moving average of $520.51 and a two-hundred day moving average of $487.19. The stock has a market capitalization of $22.31 billion, a price-to-earnings ratio of 11.00 and a beta of 1.12.

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.