Lavaca Capital LLC Buys Shares of 4,200 SPDR S&P MidCap 400 ETF Trust $MDY

Lavaca Capital LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,200 shares of the exchange traded fund’s stock, valued at approximately $2,379,000. SPDR S&P MidCap 400 ETF Trust comprises about 0.9% of Lavaca Capital LLC’s holdings, making the stock its 22nd largest holding.

Other institutional investors have also recently made changes to their positions in the company. Measured Risk Portfolios Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 2.7% in the second quarter. Measured Risk Portfolios Inc. now owns 716 shares of the exchange traded fund’s stock valued at $406,000 after purchasing an additional 19 shares during the period. Hazlett Burt & Watson Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.3% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 377 shares of the exchange traded fund’s stock worth $213,000 after purchasing an additional 19 shares during the last quarter. Bank of Jackson Hole Trust raised its holdings in SPDR S&P MidCap 400 ETF Trust by 3.6% in the 2nd quarter. Bank of Jackson Hole Trust now owns 541 shares of the exchange traded fund’s stock valued at $306,000 after buying an additional 19 shares during the period. Cambridge Advisors Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 2nd quarter. Cambridge Advisors Inc. now owns 3,894 shares of the exchange traded fund’s stock valued at $2,206,000 after buying an additional 20 shares during the period. Finally, Sax Wealth Advisors LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 3.5% during the second quarter. Sax Wealth Advisors LLC now owns 657 shares of the exchange traded fund’s stock worth $372,000 after buying an additional 22 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $613.11 on Friday. The firm has a 50-day simple moving average of $595.34 and a two-hundred day simple moving average of $585.02. The stock has a market cap of $24.17 billion, a PE ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $622.79.

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.