SlateStone Wealth LLC Buys 75 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

SlateStone Wealth LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,950 shares of the exchange traded fund’s stock after acquiring an additional 75 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.5% of SlateStone Wealth LLC’s investment portfolio, making the stock its 14th largest position. SlateStone Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $11,644,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDY. International Assets Investment Management LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 4.1% during the third quarter. International Assets Investment Management LLC now owns 3,196 shares of the exchange traded fund’s stock worth $1,450,000 after buying an additional 125 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.4% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 717 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 37 shares in the last quarter. Capital Investment Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at about $446,000. Midwest Financial Group LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.0% during the 3rd quarter. Midwest Financial Group LLC now owns 7,038 shares of the exchange traded fund’s stock valued at $3,214,000 after purchasing an additional 271 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 462.5% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 90 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 74 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $529.80 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $558.34. The stock has a market capitalization of $21.35 billion, a PE ratio of 15.42 and a beta of 1.12. The business’s 50-day simple moving average is $533.96 and its 200-day simple moving average is $498.31.

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.