JDM Financial Group LLC Boosts Stake in SPDR S&P MidCap 400 ETF Trust $MDY

JDM Financial Group LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3,812.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. 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 comprises approximately 3.5% of JDM Financial Group LLC’s investment portfolio, making the stock its 8th biggest position. JDM Financial Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $16,628,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of MDY. Brighton Jones LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 12.6% during the 4th quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock worth $1,162,000 after acquiring an additional 228 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 27.9% during the first quarter. AQR Capital Management LLC now owns 6,417 shares of the exchange traded fund’s stock valued at $3,423,000 after purchasing an additional 1,401 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.3% during the first quarter. Integrated Wealth Concepts LLC now owns 1,023 shares of the exchange traded fund’s stock worth $546,000 after purchasing an additional 42 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $317,000. Finally, Jump Financial LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $2,495,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $687.19 on Friday. The firm’s 50 day simple moving average is $687.71 and its 200 day simple moving average is $658.86. SPDR S&P MidCap 400 ETF Trust has a one year low of $559.89 and a one year high of $704.45. The company has a market cap of $26.45 billion, a PE ratio of 18.98 and a beta of 1.00.

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.