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

Hopwood Financial Services Inc. boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,582 shares of the exchange traded fund’s stock after purchasing an additional 82 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 4.4% of Hopwood Financial Services Inc.’s holdings, making the stock its 5th largest holding. Hopwood Financial Services Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,646,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. J.Safra Asset Management Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $26,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth $27,000. Alpine Bank Wealth Management bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $32,000. Marshall Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $33,000. Finally, CoreFirst Bank & Trust bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $40,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.0%

MDY opened at $558.36 on Friday. The stock has a 50-day moving average of $527.73 and a 200 day moving average of $559.57. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month high of $624.13. The firm has a market cap of $22.44 billion, a P/E ratio of 18.14 and a beta of 1.07.

SPDR S&P MidCap 400 ETF Trust Company 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.