Gries Financial LLC Acquires 120 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Gries Financial LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,350 shares of the exchange traded fund’s stock after purchasing an additional 120 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 1.1% of Gries Financial LLC’s investment portfolio, making the stock its 15th biggest position. Gries Financial LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,896,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Asset Management Group Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 0.4% during the second quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock valued at $2,603,000 after purchasing an additional 19 shares during the last quarter. SPC Financial Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 3.2% in the 3rd 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 last quarter. Pacific Sun Financial Corp raised its holdings in SPDR S&P MidCap 400 ETF Trust by 1.8% in the 2nd quarter. Pacific Sun Financial Corp now owns 1,140 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 20 shares during the period. Bristlecone Advisors LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.3% in the 2nd quarter. Bristlecone Advisors LLC now owns 6,374 shares of the exchange traded fund’s stock worth $3,410,000 after acquiring an additional 20 shares during the period. Finally, TFG Advisers LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 2.6% during the 1st quarter. TFG Advisers LLC now owns 828 shares of the exchange traded fund’s stock worth $461,000 after acquiring an additional 21 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY traded up $0.19 during midday trading on Friday, hitting $583.97. The company’s stock had a trading volume of 335,488 shares, compared to its average volume of 827,420. The stock’s 50 day simple moving average is $560.54 and its 200 day simple moving average is $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. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $585.50.

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.