SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) is IFG Advisory LLC’s 6th Largest Position

IFG Advisory LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,540 shares of the exchange traded fund’s stock after purchasing an additional 1,486 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 2.2% of IFG Advisory LLC’s investment portfolio, making the stock its 6th largest holding. IFG Advisory LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $12,137,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Northern Trust Corp grew its holdings in SPDR S&P MidCap 400 ETF Trust by 5.6% during the first quarter. Northern Trust Corp now owns 1,327,400 shares of the exchange traded fund’s stock worth $458,483,000 after acquiring an additional 70,316 shares during the period. Ellis Investment Partners LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 34,034.7% during the 1st quarter. Ellis Investment Partners LLC now owns 1,145,218 shares of the exchange traded fund’s stock worth $1,145,000 after purchasing an additional 1,141,863 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% in the 1st quarter. The Manufacturers Life Insurance Company now owns 1,015,610 shares of the exchange traded fund’s stock valued at $350,792,000 after acquiring an additional 6,348 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 132.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 443,869 shares of the exchange traded fund’s stock valued at $157,392,000 after acquiring an additional 252,518 shares in the last quarter. Finally, Resource Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 1.9% in the 2nd quarter. Resource Management LLC now owns 317,099 shares of the exchange traded fund’s stock worth $112,440,000 after buying an additional 5,898 shares during the period.

Shares of NYSEARCA:MDY traded down $6.00 during trading on Friday, hitting $338.36. 1,145,156 shares of the stock were exchanged, compared to its average volume of 1,061,211. The company’s fifty day simple moving average is $351.27 and its 200-day simple moving average is $348.64. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $284.45 and a 1-year high of $374.10.

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.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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