Olde Wealth Management LLC Invests $1.49 Million in SPDR S&P MidCap 400 ETF Trust $MDY

Olde Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,500 shares of the exchange traded fund’s stock, valued at approximately $1,491,000.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 12.6% in the 4th quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock valued at $1,162,000 after purchasing an additional 228 shares during the period. AQR Capital Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 27.9% during the 1st quarter. AQR Capital Management LLC now owns 6,417 shares of the exchange traded fund’s stock worth $3,423,000 after buying an additional 1,401 shares during the period. Integrated Wealth Concepts LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 4.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,023 shares of the exchange traded fund’s stock worth $546,000 after buying an additional 42 shares during the period. Omega Financial Group LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6.5% during the second quarter. Omega Financial Group LLC now owns 1,548 shares of the exchange traded fund’s stock worth $877,000 after buying an additional 94 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6.4% during the second quarter. Foundations Investment Advisors LLC now owns 1,182 shares of the exchange traded fund’s stock worth $669,000 after buying an additional 71 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $611.01 on Friday. The firm has a 50-day moving average of $639.56 and a 200-day moving average of $612.83. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $662.65. The stock has a market cap of $23.72 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.