Cumberland Advisors Inc. raised its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,452 shares of the exchange traded fund’s stock after buying an additional 2,145 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 10.4% of Cumberland Advisors Inc.’s portfolio, making the stock its 2nd biggest position. Cumberland Advisors Inc. owned approximately 0.11% of SPDR S&P MidCap 400 ETF Trust worth $29,192,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of MDY. Sowell Financial Services LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% in the 3rd quarter. Sowell Financial Services LLC now owns 5,643 shares of the exchange traded fund’s stock valued at $3,706,000 after acquiring an additional 17 shares during the period. OneDigital Investment Advisors LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 0.3% in the 2nd quarter. OneDigital Investment Advisors LLC now owns 6,083 shares of the exchange traded fund’s stock valued at $4,278,000 after purchasing an additional 18 shares during the last quarter. Fagan Associates Inc. boosted its stake in SPDR S&P MidCap 400 ETF Trust by 1.7% during the 3rd quarter. Fagan Associates Inc. now owns 1,096 shares of the exchange traded fund’s stock worth $720,000 after purchasing an additional 18 shares during the period. Avior Wealth Management LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 2.3% during the 3rd quarter. Avior Wealth Management LLC now owns 858 shares of the exchange traded fund’s stock worth $563,000 after purchasing an additional 19 shares during the period. Finally, Beaird Harris Wealth Management LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 7.1% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 301 shares of the exchange traded fund’s stock worth $212,000 after purchasing an additional 20 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $676.25 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $568.21 and a 1 year high of $717.35. The company has a market capitalization of $26.18 billion, a P/E ratio of 18.98 and a beta of 1.01. The company’s fifty day moving average is $672.23 and its two-hundred day moving average is $666.35.
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.
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