Evoke Wealth LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 26.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,613 shares of the exchange traded fund’s stock after purchasing an additional 978 shares during the period. Evoke Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,793,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of MDY. Activest Wealth Management lifted its position in SPDR S&P MidCap 400 ETF Trust by 125.0% during the third quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 30 shares during the last quarter. Sound Income Strategies LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 177.8% during the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 32 shares during the last quarter. High Point Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $34,000. Cloud Capital Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 255.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 51 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.8%
MDY stock opened at $670.65 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $537.75 and a 52 week high of $685.50. The company has a fifty day simple moving average of $644.32 and a two-hundred day simple moving average of $629.40. The firm has a market capitalization of $26.35 billion, a P/E ratio of 18.98 and a beta of 1.02.
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.
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