HBK Sorce Advisory LLC Grows Stake in SPDR S&P MidCap 400 ETF Trust $MDY

HBK Sorce Advisory LLC grew its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 168.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,431 shares of the exchange traded fund’s stock after buying an additional 1,527 shares during the quarter. HBK Sorce Advisory LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,461,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brown Lisle Cummings Inc. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 110.0% in the third quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 33 shares in the last quarter. CoreFirst Bank & Trust purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $40,000. ST Germain D J Co. Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $42,000. RMG Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $45,000. Finally, 1 North Wealth Services LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth approximately $52,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $614.29 on Wednesday. The company has a market cap of $24.22 billion, a PE ratio of 18.98 and a beta of 1.06. The firm’s 50 day moving average price is $597.79 and its 200-day moving average price is $588.14. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $622.79.

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.