Concurrent Investment Advisors LLC Purchases Shares of 19,216 SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Concurrent Investment Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 19,216 shares of the exchange traded fund’s stock, valued at approximately $10,282,000.

A number of other hedge funds also recently bought and sold shares of MDY. Granite Bay Wealth Management LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after purchasing an additional 2,080,665 shares in the last quarter. Pathstone Holdings LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $485,301,000. Scarborough Advisors LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 2,656.0% during the 4th quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after acquiring an additional 292,768 shares during the period. Global Assets Advisory LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $122,938,000. Finally, SG Americas Securities LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 109.7% during the 1st quarter. SG Americas Securities LLC now owns 101,803 shares of the exchange traded fund’s stock valued at $56,643,000 after acquiring an additional 53,249 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $565.30 on Friday. The stock has a market capitalization of $22.34 billion, a P/E ratio of 15.70 and a beta of 1.09. The company’s 50-day simple moving average is $546.56 and its two-hundred day simple moving average is $540.03. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $574.11.

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.