SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Position Boosted by Cumberland Advisors Inc.

Cumberland Advisors Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 47,367 shares of the exchange traded fund’s stock after purchasing an additional 265 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 10.7% of Cumberland Advisors Inc.’s investment portfolio, making the stock its 2nd largest position. Cumberland Advisors Inc. owned about 0.12% of SPDR S&P MidCap 400 ETF Trust worth $26,983,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of MDY. Hengehold Capital Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at $226,000. Kowal Investment Group LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 2.4% in the third quarter. Kowal Investment Group LLC now owns 43,102 shares of the exchange traded fund’s stock worth $24,554,000 after acquiring an additional 1,007 shares during the period. G&S Capital LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 2.1% in the third quarter. G&S Capital LLC now owns 9,073 shares of the exchange traded fund’s stock worth $5,169,000 after acquiring an additional 185 shares during the period. SPC Financial Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 3.2% in the third quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock worth $353,000 after acquiring an additional 19 shares during the period. Finally, McKinley Carter Wealth Services Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the third quarter. McKinley Carter Wealth Services Inc. now owns 3,285 shares of the exchange traded fund’s stock valued at $1,871,000 after buying an additional 118 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock traded down $0.23 during mid-day trading on Thursday, hitting $582.99. 207,858 shares of the stock traded hands, compared to its average volume of 827,934. The stock has a market cap of $23.04 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock’s fifty day moving average is $558.65 and its two-hundred day moving average is $546.60. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $585.50.

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.