WealthSpring Partners LLC Purchases New Position in SPDR S&P MidCap 400 ETF Trust $MDY

WealthSpring Partners LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,414 shares of the exchange traded fund’s stock, valued at approximately $853,000. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.9% of WealthSpring Partners LLC’s investment portfolio, making the stock its 25th biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of MDY. Atria Investments Inc lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% during the third quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock worth $3,614,000 after purchasing an additional 3,576 shares in the last quarter. NewEdge Wealth LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% during the third quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock valued at $1,190,000 after acquiring an additional 1,320 shares in the last quarter. Savvy Advisors Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $620,000. Daytona Street Capital LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $633,000. Finally, Clear Trail Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $575,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $688.85 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $547.05 and a one year high of $690.03. The stock has a 50-day moving average price of $663.19 and a 200 day moving average price of $638.95. The company has a market capitalization of $27.06 billion, a P/E ratio of 18.98 and a beta of 1.01.

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.