SPDR S&P MidCap 400 ETF Trust $MDY Stock: Cumberland Advisors Inc. Increases Position

Cumberland Advisors Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,452 shares of the exchange traded fund’s stock after purchasing an additional 2,145 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up approximately 10.4% of Cumberland Advisors Inc.’s portfolio, making the stock its 2nd biggest holding. Cumberland Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $29,192,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. First Nebraska Trust Co acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $279,000. Tucker Asset Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 127.8% during the 3rd quarter. Tucker Asset Management LLC now owns 811 shares of the exchange traded fund’s stock worth $533,000 after buying an additional 455 shares during the last quarter. Next Level Wealth Planning LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $156,000. Signature Equity Partners LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 80.0% in the 3rd quarter. Signature Equity Partners LLC now owns 45 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 20 shares during the period. Finally, Certified Advisory Corp lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 48.7% in the 3rd quarter. Certified Advisory Corp now owns 2,259 shares of the exchange traded fund’s stock worth $1,484,000 after acquiring an additional 740 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.3%

Shares of NYSEARCA:MDY opened at $676.25 on Wednesday. The company has a market cap of $26.18 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. The firm’s 50-day simple moving average is $672.23 and its 200-day simple moving average is $666.35. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $568.21 and a fifty-two week high of $717.35.

SPDR S&P MidCap 400 ETF Trust 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.