SPDR S&P MidCap 400 ETF Trust $MDY is IFG Advisors LLC’s 7th Largest Position

IFG Advisors LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.5% during the second quarter, Holdings Channel reports. The institutional investor owned 48,003 shares of the exchange traded fund’s stock after purchasing an additional 1,606 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 4.6% of IFG Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. IFG Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $27,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Hancock Prospecting Pty Ltd acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $1,584,523,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock valued at $307,624,000 after purchasing an additional 20,483 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% in the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock valued at $229,058,000 after purchasing an additional 28,167 shares during the period. Finally, Waddell & Associates LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 0.9% during the first quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock worth $75,535,000 after buying an additional 1,325 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.9%

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $594.38 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 cap of $23.26 billion, a PE ratio of 18.98 and a beta of 1.12. The company has a 50-day moving average of $592.51 and a two-hundred day moving average of $563.08.

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.