RMG Wealth Management LLC Makes New $45,000 Investment in SPDR S&P MidCap 400 ETF Trust $MDY

RMG Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 78 shares of the exchange traded fund’s stock, valued at approximately $45,000.

A number of other institutional investors have also modified their holdings of MDY. Brighton Jones LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 12.6% in the fourth quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock valued at $1,162,000 after buying an additional 228 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at $83,000. Park Avenue Securities LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.3% in the first quarter. Park Avenue Securities LLC now owns 419 shares of the exchange traded fund’s stock valued at $223,000 after buying an additional 21 shares in the last quarter. Courier Capital LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% in the first quarter. Courier Capital LLC now owns 4,603 shares of the exchange traded fund’s stock valued at $2,456,000 after buying an additional 51 shares in the last quarter. Finally, Toth Financial Advisory Corp grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 11.6% in the first quarter. Toth Financial Advisory Corp now owns 626 shares of the exchange traded fund’s stock valued at $334,000 after buying an additional 65 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $595.07 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month high of $624.13. The stock has a market capitalization of $23.50 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. The business has a fifty day moving average price of $590.85 and a 200 day moving average price of $561.44.

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.