JDM Financial Group LLC Has $16.63 Million Position in SPDR S&P MidCap 400 ETF Trust $MDY

JDM Financial Group LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3,812.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,960 shares of the exchange traded fund’s stock after buying an additional 26,271 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up approximately 3.5% of JDM Financial Group LLC’s investment portfolio, making the stock its 8th largest position. JDM Financial Group LLC owned about 0.07% of SPDR S&P MidCap 400 ETF Trust worth $16,628,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MDY. Moors & Cabot Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% during the 4th quarter. Moors & Cabot Inc. now owns 1,542 shares of the exchange traded fund’s stock worth $930,000 after acquiring an additional 16 shares during the period. Colonial Trust Co SC increased its stake in SPDR S&P MidCap 400 ETF Trust by 2.4% in the fourth quarter. Colonial Trust Co SC now owns 689 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 16 shares during the last quarter. Larson Financial Group LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 2.8% in the third quarter. Larson Financial Group LLC now owns 657 shares of the exchange traded fund’s stock valued at $392,000 after acquiring an additional 18 shares during the last quarter. PFG Investments LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 2.5% in the fourth quarter. PFG Investments LLC now owns 741 shares of the exchange traded fund’s stock valued at $447,000 after acquiring an additional 18 shares during the last quarter. Finally, TD Waterhouse Canada Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 0.4% during the fourth quarter. TD Waterhouse Canada Inc. now owns 4,965 shares of the exchange traded fund’s stock valued at $2,995,000 after purchasing an additional 18 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY opened at $687.19 on Friday. The business has a fifty day moving average price of $687.71 and a two-hundred day moving average price of $658.86. The stock has a market capitalization of $26.45 billion, a PE ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $559.89 and a fifty-two week high of $704.45.

About SPDR S&P MidCap 400 ETF Trust

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.