NewEdge Wealth LLC Raises Position in SPDR S&P MidCap 400 ETF Trust $MDY

NewEdge Wealth LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 463.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,338 shares of the exchange traded fund’s stock after purchasing an additional 9,326 shares during the period. NewEdge Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,840,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Silver Oak Advisory Group Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $200,000. International Assets Investment Management LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.9% during the 4th quarter. International Assets Investment Management LLC now owns 4,219 shares of the exchange traded fund’s stock valued at $2,545,000 after purchasing an additional 235 shares during the last quarter. WealthShield Partners LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 13.5% during the 4th quarter. WealthShield Partners LLC now owns 394 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 47 shares during the last quarter. Patton Albertson Miller Group LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 61.6% during the 4th quarter. Patton Albertson Miller Group LLC now owns 590 shares of the exchange traded fund’s stock valued at $356,000 after purchasing an additional 225 shares during the last quarter. Finally, RFG Advisory LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 50.4% during the 4th quarter. RFG Advisory LLC now owns 8,034 shares of the exchange traded fund’s stock valued at $4,847,000 after purchasing an additional 2,694 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $675.24 on Monday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $536.57 and a 12 month high of $685.50. The stock has a fifty day moving average price of $639.01 and a 200-day moving average price of $624.28. The firm has a market cap of $26.53 billion, a PE ratio of 18.98 and a beta of 1.02.

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