Verdence Capital Advisors LLC Buys 32 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Verdence Capital Advisors LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 871 shares of the exchange traded fund’s stock after acquiring an additional 32 shares during the period. Verdence Capital Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $442,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MDY. Osborne Partners Capital Management LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the 4th quarter. Osborne Partners Capital Management LLC now owns 2,292 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 20 shares in the last quarter. CX Institutional grew its position in SPDR S&P MidCap 400 ETF Trust by 0.8% during the fourth quarter. CX Institutional now owns 2,493 shares of the exchange traded fund’s stock worth $1,265,000 after buying an additional 21 shares in the last quarter. Warner Financial Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 1.0% during the 4th quarter. Warner Financial Inc. now owns 2,182 shares of the exchange traded fund’s stock worth $1,107,000 after acquiring an additional 21 shares during the period. MGO One Seven LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 1.2% in the 3rd quarter. MGO One Seven LLC now owns 1,930 shares of the exchange traded fund’s stock valued at $881,000 after acquiring an additional 23 shares in the last quarter. Finally, Orion Portfolio Solutions LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.3% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,037 shares of the exchange traded fund’s stock valued at $474,000 after acquiring an additional 23 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $523.50 on Tuesday. The stock has a market capitalization of $21.09 billion, a P/E ratio of 15.42 and a beta of 1.12. The stock’s fifty day moving average is $533.46 and its 200 day moving average is $497.73. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $558.34.

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.