Sax Wealth Advisors LLC Has $279,000 Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sax Wealth Advisors LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 36.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 521 shares of the exchange traded fund’s stock after purchasing an additional 140 shares during the period. Sax Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $279,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in MDY. Warner Financial Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% during the fourth quarter. Warner Financial Inc. now owns 2,182 shares of the exchange traded fund’s stock worth $1,107,000 after buying an additional 21 shares during the period. TFG Advisers LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.6% in the first quarter. TFG Advisers LLC now owns 828 shares of the exchange traded fund’s stock worth $461,000 after purchasing an additional 21 shares in the last quarter. Acorn Wealth Advisors LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% in the fourth quarter. Acorn Wealth Advisors LLC now owns 1,379 shares of the exchange traded fund’s stock worth $700,000 after purchasing an additional 30 shares in the last quarter. Rise Advisors LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 5.0% during the first quarter. Rise Advisors LLC now owns 634 shares of the exchange traded fund’s stock valued at $353,000 after acquiring an additional 30 shares in the last quarter. Finally, Toth Financial Advisory Corp grew its stake in SPDR S&P MidCap 400 ETF Trust by 68.2% during the first quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 30 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock traded down $0.72 during mid-day trading on Friday, hitting $536.11. 696,321 shares of the company traded hands, compared to its average volume of 892,960. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $574.11. The stock has a market cap of $21.19 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The stock has a fifty day moving average price of $541.26 and a 200-day moving average price of $534.97.

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.