SPDR S&P MidCap 400 ETF Trust $MDY Stock Position Raised by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 564,003.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 186,154 shares of the exchange traded fund’s stock after purchasing an additional 186,121 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 13.4% of Cornerstone Planning Group LLC’s holdings, making the stock its largest position. Cornerstone Planning Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $110,953,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Mission Wealth Management LP grew its holdings in SPDR S&P MidCap 400 ETF Trust by 2.7% during the 3rd quarter. Mission Wealth Management LP now owns 1,185 shares of the exchange traded fund’s stock valued at $706,000 after buying an additional 31 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 0.9% during the third quarter. Murphy Middleton Hinkle & Parker Inc. now owns 8,518 shares of the exchange traded fund’s stock valued at $5,077,000 after acquiring an additional 77 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in SPDR S&P MidCap 400 ETF Trust by 15.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 9,881 shares of the exchange traded fund’s stock worth $5,896,000 after acquiring an additional 1,304 shares during the period. United Community Bank lifted its stake in SPDR S&P MidCap 400 ETF Trust by 79.0% in the 3rd quarter. United Community Bank now owns 1,371 shares of the exchange traded fund’s stock worth $817,000 after purchasing an additional 605 shares in the last quarter. Finally, Meridian Wealth Management LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 8.0% in the 3rd quarter. Meridian Wealth Management LLC now owns 4,772 shares of the exchange traded fund’s stock valued at $2,844,000 after purchasing an additional 353 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $632.69 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $648.79. The stock has a market cap of $24.67 billion, a P/E ratio of 18.98 and a beta of 1.06. The firm’s fifty day moving average price is $619.01 and its 200-day moving average price is $600.31.

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.