Global Wealth Strategies & Associates Buys 2,051 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Global Wealth Strategies & Associates increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 14,650.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,065 shares of the exchange traded fund’s stock after purchasing an additional 2,051 shares during the period. Global Wealth Strategies & Associates’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,452,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its holdings in SPDR S&P MidCap 400 ETF Trust by 6.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,343,298 shares of the exchange traded fund’s stock worth $810,385,000 after purchasing an additional 87,207 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock valued at $500,741,000 after purchasing an additional 41,757 shares in the last quarter. Moore Capital Management LP lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 73.2% in the second quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock valued at $358,993,000 after purchasing an additional 267,800 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.4% during the fourth quarter. Raymond James Financial Inc. now owns 557,992 shares of the exchange traded fund’s stock worth $336,626,000 after buying an additional 28,459 shares during the period. Finally, Bank of Montreal Can boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% during the fourth quarter. Bank of Montreal Can now owns 513,790 shares of the exchange traded fund’s stock worth $309,959,000 after buying an additional 11,060 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $686.32 on Monday. The company has a market cap of $26.38 billion, a PE ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $559.89 and a 52-week high of $704.45. The stock has a 50-day simple moving average of $688.02 and a 200 day simple moving average of $659.24.

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.