Hopwood Financial Services Inc. Raises Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Hopwood Financial Services Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,582 shares of the exchange traded fund’s stock after purchasing an additional 82 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up approximately 4.4% of Hopwood Financial Services Inc.’s investment portfolio, making the stock its 5th biggest holding. Hopwood Financial Services Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,646,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Quantbot Technologies LP bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $604,000. Principal Securities Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.5% during the fourth quarter. Principal Securities Inc. now owns 613 shares of the exchange traded fund’s stock valued at $349,000 after purchasing an additional 43 shares during the period. Runnymede Capital Advisors Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $1,192,000. TD Private Client Wealth LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 1.8% in the 4th quarter. TD Private Client Wealth LLC now owns 3,837 shares of the exchange traded fund’s stock worth $2,185,000 after buying an additional 66 shares during the period. Finally, Valeo Financial Advisors LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 16.3% during the 4th quarter. Valeo Financial Advisors LLC now owns 879 shares of the exchange traded fund’s stock valued at $501,000 after buying an additional 123 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $558.36 on Friday. The company has a market capitalization of $22.44 billion, a P/E ratio of 18.14 and a beta of 1.07. The company’s 50-day simple moving average is $527.73 and its two-hundred day simple moving average is $559.57. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13.

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.