NewEdge Wealth LLC Buys 13,073 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

NewEdge Wealth LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1,304.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,075 shares of the exchange traded fund’s stock after buying an additional 13,073 shares during the period. NewEdge Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,017,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in MDY. Strategic Financial Concepts LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after buying an additional 376,929 shares during the period. SG Americas Securities LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after purchasing an additional 248,146 shares in the last quarter. Arvest Bank Trust Division acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $137,029,000. Washburn Capital Management Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $35,872,000. Finally, Serenus Wealth Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $17,820,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.3 %

NYSEARCA:MDY opened at $559.66 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $511.97 and a 12-month high of $624.13. The firm has a market capitalization of $23.57 billion, a PE ratio of 19.87 and a beta of 1.13. The firm has a 50-day moving average price of $580.73 and a 200 day moving average price of $577.58.

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.