Madison Park Capital Advisors LLC Invests $5.84 Million in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Madison Park Capital Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,507 shares of the exchange traded fund’s stock, valued at approximately $5,839,000. SPDR S&P MidCap 400 ETF Trust comprises 5.6% of Madison Park Capital Advisors LLC’s investment portfolio, making the stock its 5th biggest position.

Several other hedge funds have also recently modified their holdings of MDY. International Assets Investment Management LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 47,016.7% in the fourth quarter. International Assets Investment Management LLC now owns 1,505,851 shares of the exchange traded fund’s stock worth $764,039,000 after purchasing an additional 1,502,655 shares during the last quarter. Pathstone Family Office LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 50,563.5% during the third quarter. Pathstone Family Office LLC now owns 963,113 shares of the exchange traded fund’s stock valued at $439,796,000 after acquiring an additional 961,212 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at $39,374,000. Tower Research Capital LLC TRC increased its position in SPDR S&P MidCap 400 ETF Trust by 560,825.0% during the third quarter. Tower Research Capital LLC TRC now owns 67,311 shares of the exchange traded fund’s stock valued at $30,737,000 after acquiring an additional 67,299 shares during the last quarter. Finally, Employees Retirement System of Texas increased its position in SPDR S&P MidCap 400 ETF Trust by 143.8% during the third quarter. Employees Retirement System of Texas now owns 108,500 shares of the exchange traded fund’s stock valued at $49,545,000 after acquiring an additional 64,000 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock traded up $6.30 during mid-day trading on Tuesday, reaching $529.80. 739,547 shares of the stock traded hands, compared to its average volume of 957,609. The stock has a market capitalization of $21.35 billion, a PE ratio of 15.42 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $558.34. The business’s 50-day moving average is $533.96 and its 200-day moving average is $498.31.

About SPDR S&P MidCap 400 ETF Trust

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.