Ground Swell Capital LLC Takes $765,000 Position in SPDR S&P MidCap 400 ETF Trust $MDY

Ground Swell Capital LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the first quarter, Holdings Channel reports. The institutional investor acquired 1,241 shares of the exchange traded fund’s stock, valued at approximately $765,000. SPDR S&P MidCap 400 ETF Trust comprises about 1.5% of Ground Swell Capital LLC’s portfolio, making the stock its 12th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 12.6% during the 4th quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock worth $1,162,000 after purchasing an additional 228 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 27.9% in the 1st quarter. AQR Capital Management LLC now owns 6,417 shares of the exchange traded fund’s stock valued at $3,423,000 after purchasing an additional 1,401 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,023 shares of the exchange traded fund’s stock valued at $546,000 after purchasing an additional 42 shares during the last quarter. Walleye Capital LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $317,000. Finally, Jump Financial LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $2,495,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.3%

Shares of NYSEARCA MDY opened at $695.29 on Friday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $559.89 and a twelve month high of $704.12. The firm has a fifty day simple moving average of $675.44 and a 200 day simple moving average of $645.66. The company has a market capitalization of $27.32 billion, a PE ratio of 18.98 and a beta of 1.01.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.