Rise Advisors LLC Acquires 718 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Rise Advisors LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 55.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 2,011 shares of the exchange traded fund’s stock after acquiring an additional 718 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 0.4% of Rise Advisors LLC’s portfolio, making the stock its 25th biggest position. Rise Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,414,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MDY. Sound Income Strategies LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 177.8% in the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 32 shares during the period. High Point Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $34,000. EFG International AG bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $40,000. Ascentis Independent Advisors bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $41,000. Finally, Acumen Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $48,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $709.05 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $568.21 and a 1-year high of $712.43. The company has a 50-day moving average of $691.44 and a 200 day moving average of $662.50. The firm has a market capitalization of $27.29 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.

About SPDR S&P MidCap 400 ETF Trust

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.