WealthPlan Investment Management LLC Makes New Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

WealthPlan Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Get Rating) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 869 shares of the exchange traded fund’s stock, valued at approximately $393,000.

A number of other hedge funds have also recently added to or reduced their stakes in MDY. BlackRock Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 97.9% in the first quarter. BlackRock Inc. now owns 67,337 shares of the exchange traded fund’s stock valued at $33,026,000 after acquiring an additional 33,318 shares during the period. Moors & Cabot Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 6.9% in the first quarter. Moors & Cabot Inc. now owns 1,929 shares of the exchange traded fund’s stock valued at $946,000 after acquiring an additional 124 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in SPDR S&P MidCap 400 ETF Trust by 2.8% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,167 shares of the exchange traded fund’s stock valued at $572,000 after acquiring an additional 32 shares during the period. First Western Trust Bank acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $1,239,000. Finally, American International Group Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 31.4% in the first quarter. American International Group Inc. now owns 18,000 shares of the exchange traded fund’s stock valued at $8,828,000 after acquiring an additional 4,300 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $433.10 on Friday. The stock has a market capitalization of $17.83 billion, a PE ratio of 11.00 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $398.11 and a 52 week high of $506.70. The stock has a 50 day moving average price of $472.58 and a two-hundred day moving average price of $451.27.

SPDR S&P MidCap 400 ETF Trust Company Profile

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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.