Sage Financial Management Group Inc. Has $2.82 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sage Financial Management Group Inc. raised its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,950 shares of the exchange traded fund’s stock after buying an additional 486 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 1.1% of Sage Financial Management Group Inc.’s investment portfolio, making the stock its 20th biggest position. Sage Financial Management Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,820,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MDY. Asset Management Group Inc. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the second quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock worth $2,603,000 after acquiring an additional 19 shares during the last quarter. SPC Financial Inc. boosted its holdings in shares of 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 valued at $353,000 after buying an additional 19 shares during the period. Pacific Sun Financial Corp boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.8% during the second quarter. Pacific Sun Financial Corp now owns 1,140 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 20 shares during the last quarter. Bristlecone Advisors LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 0.3% during the second quarter. Bristlecone Advisors LLC now owns 6,374 shares of the exchange traded fund’s stock worth $3,410,000 after purchasing an additional 20 shares during the last quarter. Finally, TFG Advisers LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 2.6% during the first quarter. TFG Advisers LLC now owns 828 shares of the exchange traded fund’s stock worth $461,000 after purchasing an additional 21 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.0 %

Shares of MDY opened at $583.93 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $585.50. The firm has a fifty day simple moving average of $560.54 and a 200 day simple moving average of $547.08. The stock has a market capitalization of $23.08 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.