1,657 Shares in SPDR S&P MidCap 400 ETF Trust $MDY Purchased by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 1,657 shares of the exchange traded fund’s stock, valued at approximately $1,019,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Moors & Cabot Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% during the fourth quarter. Moors & Cabot Inc. now owns 1,542 shares of the exchange traded fund’s stock valued at $930,000 after buying an additional 16 shares during the period. Colonial Trust Co SC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.4% in the fourth quarter. Colonial Trust Co SC now owns 689 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 16 shares during the period. PFG Investments LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 2.5% during the fourth quarter. PFG Investments LLC now owns 741 shares of the exchange traded fund’s stock valued at $447,000 after acquiring an additional 18 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% during the fourth quarter. TD Waterhouse Canada Inc. now owns 4,965 shares of the exchange traded fund’s stock valued at $2,995,000 after acquiring an additional 18 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 2.8% during the 3rd quarter. Larson Financial Group LLC now owns 657 shares of the exchange traded fund’s stock worth $392,000 after acquiring an additional 18 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.1%

SPDR S&P MidCap 400 ETF Trust stock opened at $686.32 on Friday. The firm’s 50 day simple moving average is $688.02 and its 200 day simple moving average is $659.05. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $559.89 and a 1-year high of $704.45. The firm has a market capitalization of $26.38 billion, a PE ratio of 18.98 and a beta of 1.00.

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