L & S Advisors Inc Boosts Stake in SPDR S&P MidCap 400 ETF Trust $MDY

L & S Advisors Inc increased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 67.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,095 shares of the exchange traded fund’s stock after purchasing an additional 847 shares during the quarter. L & S Advisors Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,249,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Synovus Financial Corp raised its holdings in SPDR S&P MidCap 400 ETF Trust by 9.4% in the third quarter. Synovus Financial Corp now owns 12,640 shares of the exchange traded fund’s stock worth $7,534,000 after purchasing an additional 1,086 shares in the last quarter. NewEdge Wealth LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% in the 3rd quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock worth $1,190,000 after buying an additional 1,320 shares during the period. Signet Financial Management LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 19.0% in the 3rd quarter. Signet Financial Management LLC now owns 571 shares of the exchange traded fund’s stock worth $341,000 after buying an additional 91 shares during the period. Axxcess Wealth Management LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 2,549 shares of the exchange traded fund’s stock worth $1,519,000 after acquiring an additional 39 shares in the last quarter. Finally, Arvest Bank Trust Division lifted its position in SPDR S&P MidCap 400 ETF Trust by 0.3% during the 3rd quarter. Arvest Bank Trust Division now owns 232,628 shares of the exchange traded fund’s stock valued at $138,653,000 after acquiring an additional 704 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $654.50 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $662.60. The firm’s 50-day simple moving average is $630.19 and its two-hundred day simple moving average is $606.14. The stock has a market cap of $25.41 billion, a PE ratio of 18.98 and a beta of 1.06.

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