Global Wealth Strategies & Associates Acquires 2,051 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Global Wealth Strategies & Associates increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 14,650.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,065 shares of the exchange traded fund’s stock after acquiring an additional 2,051 shares during the period. Global Wealth Strategies & Associates’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,452,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in MDY. Sound Income Strategies LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 177.8% in the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 32 shares during the last quarter. High Point Wealth Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $34,000. EFG International AG acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $40,000. Ascentis Independent Advisors bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 51 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $686.32 on Monday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $559.89 and a 52-week high of $704.45. The company has a market cap of $26.38 billion, a P/E ratio of 18.98 and a beta of 1.00. The stock’s 50-day simple moving average is $688.02 and its 200 day simple moving average is $659.24.

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.