RMR Wealth Builders Grows Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

RMR Wealth Builders boosted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,250 shares of the exchange traded fund’s stock after acquiring an additional 224 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.8% of RMR Wealth Builders’ holdings, making the stock its 22nd largest position. RMR Wealth Builders’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,116,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.2% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock worth $886,000 after purchasing an additional 18 shares during the last quarter. GenTrust LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 0.5% in the third quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock valued at $1,927,000 after acquiring an additional 18 shares during the period. Hohimer Wealth Management LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% during the 3rd quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 18 shares during the period. Asset Management Group Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% during the 2nd 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. Finally, SPC Financial Inc. lifted its stake in shares of 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 worth $353,000 after purchasing an additional 19 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY traded down $8.12 on Friday, reaching $565.61. The company’s stock had a trading volume of 851,829 shares, compared to its average volume of 837,135. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $487.66 and a 12-month high of $624.13. The stock’s 50 day simple moving average is $591.04 and its two-hundred day simple moving average is $567.66. The stock has a market capitalization of $22.35 billion, a P/E ratio of 15.70 and a beta of 1.09.

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.