M Holdings Securities Inc. Makes New $640,000 Investment in SPDR S&P MidCap 400 ETF Trust $MDY

M Holdings Securities Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 951 shares of the exchange traded fund’s stock, valued at approximately $640,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MDY. Sowell Financial Services LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% in the 3rd quarter. Sowell Financial Services LLC now owns 5,643 shares of the exchange traded fund’s stock worth $3,706,000 after purchasing an additional 17 shares during the last quarter. OneDigital Investment Advisors LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% during the 2nd quarter. OneDigital Investment Advisors LLC now owns 6,083 shares of the exchange traded fund’s stock worth $4,278,000 after purchasing an additional 18 shares in the last quarter. Fagan Associates Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.7% during the 3rd quarter. Fagan Associates Inc. now owns 1,096 shares of the exchange traded fund’s stock worth $720,000 after purchasing an additional 18 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 2.3% during the 3rd quarter. Avior Wealth Management LLC now owns 858 shares of the exchange traded fund’s stock valued at $563,000 after purchasing an additional 19 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 7.1% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 301 shares of the exchange traded fund’s stock valued at $212,000 after purchasing an additional 20 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.3%

NYSEARCA:MDY opened at $676.30 on Wednesday. The firm has a market cap of $26.49 billion, a PE ratio of 19.78 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $568.21 and a 12 month high of $717.35. The company’s 50-day moving average price is $669.79 and its two-hundred day moving average price is $667.09.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.