Element Wealth LLC Purchases 80 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Element Wealth LLC raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,416 shares of the exchange traded fund’s stock after buying an additional 80 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 1.3% of Element Wealth LLC’s investment portfolio, making the stock its 20th biggest position. Element Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. PFG Investments LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 17.3% in the 4th quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock worth $437,000 after buying an additional 113 shares during the last quarter. Flagstar Advisors Inc. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% in the 3rd quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock worth $3,256,000 after buying an additional 152 shares during the last quarter. Signaturefd LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 884.1% in the 3rd quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock worth $353,000 after buying an additional 557 shares during the last quarter. Inspire Trust Co. N.A. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 19.1% in the 3rd quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after buying an additional 1,900 shares during the last quarter. Finally, Frisch Financial Group Inc. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 7.4% in the 3rd quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock worth $1,216,000 after buying an additional 146 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $566.50 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $511.97 and a 52-week high of $624.13. The stock has a market capitalization of $23.86 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13. The company has a fifty day moving average of $582.80 and a 200-day moving average of $576.38.

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.