Wealth Watch Advisors INC Boosts Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Wealth Watch Advisors INC boosted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,981 shares of the exchange traded fund’s stock after buying an additional 87 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up approximately 0.6% of Wealth Watch Advisors INC’s portfolio, making the stock its 28th largest holding. Wealth Watch Advisors INC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,122,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MDY. Hancock Prospecting Pty Ltd purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $1,584,523,000. Starr Indemnity & Liability Co purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at $35,957,000. SCS Capital Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at $32,862,000. Finally, Choreo LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 575.6% in the 1st quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock valued at $28,988,000 after buying an additional 46,295 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $602.47 on Monday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13. The firm’s fifty day moving average price is $595.28 and its 200 day moving average price is $568.59. The firm has a market cap of $23.64 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12.

About SPDR S&P MidCap 400 ETF Trust

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.