TFG Advisers LLC Increases Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

TFG Advisers LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 921 shares of the exchange traded fund’s stock after buying an additional 57 shares during the period. TFG Advisers LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $524,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Avantax Advisory Services Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 4.5% in the first quarter. Avantax Advisory Services Inc. now owns 21,291 shares of the exchange traded fund’s stock valued at $11,846,000 after buying an additional 921 shares in the last quarter. First Foundation Advisors raised its holdings in SPDR S&P MidCap 400 ETF Trust by 28.5% during the first quarter. First Foundation Advisors now owns 699 shares of the exchange traded fund’s stock worth $389,000 after purchasing an additional 155 shares during the last quarter. WealthPLAN Partners LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 14.5% during the first quarter. WealthPLAN Partners LLC now owns 1,339 shares of the exchange traded fund’s stock worth $745,000 after purchasing an additional 170 shares in the last quarter. &PARTNERS grew its holdings in SPDR S&P MidCap 400 ETF Trust by 14.3% in the second quarter. &PARTNERS now owns 1,134 shares of the exchange traded fund’s stock valued at $607,000 after purchasing an additional 142 shares during the last quarter. Finally, Brighton Jones LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 25.6% in the second quarter. Brighton Jones LLC now owns 2,047 shares of the exchange traded fund’s stock valued at $1,095,000 after buying an additional 417 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY traded down $1.77 during trading hours on Wednesday, reaching $571.73. The company’s stock had a trading volume of 110,381 shares, compared to its average volume of 822,431. The company’s 50-day moving average is $562.09 and its two-hundred day moving average is $547.53. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $585.50. The stock has a market cap of $22.59 billion, a PE ratio of 15.70 and a beta of 1.09.

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.