SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Acquired by Canopy Partners LLC

Canopy Partners LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.7% during the third quarter, Holdings Channel reports. The institutional investor owned 15,806 shares of the exchange traded fund’s stock after buying an additional 1,533 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 3.9% of Canopy Partners LLC’s portfolio, making the stock its 6th largest holding. Canopy Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,004,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Cerity Partners LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 2.1% in the 3rd quarter. Cerity Partners LLC now owns 97,549 shares of the exchange traded fund’s stock valued at $55,623,000 after purchasing an additional 2,021 shares during the last quarter. Optivise Advisory Services LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $434,000. Waddell & Associates LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.7% in the third quarter. Waddell & Associates LLC now owns 138,769 shares of the exchange traded fund’s stock valued at $79,051,000 after buying an additional 2,373 shares during the last quarter. Nicolet Advisory Services LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the third quarter. Nicolet Advisory Services LLC now owns 4,123 shares of the exchange traded fund’s stock worth $2,325,000 after buying an additional 146 shares during the period. Finally, Flagstar Advisors Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% during the third quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock worth $3,256,000 after buying an additional 152 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $610.71 on Friday. The firm’s 50 day moving average price is $577.41 and its 200 day moving average price is $556.20. The firm has a market cap of $24.14 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $463.89 and a 1 year high of $611.14.

SPDR S&P MidCap 400 ETF Trust 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.