Redhawk Wealth Advisors Inc. Acquires Shares of 15,755 SPDR S&P MidCap 400 ETF Trust $MDY

Redhawk Wealth Advisors Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,755 shares of the exchange traded fund’s stock, valued at approximately $11,081,000. SPDR S&P MidCap 400 ETF Trust makes up about 1.1% of Redhawk Wealth Advisors Inc.’s portfolio, making the stock its 21st largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial & Tax Architects LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $4,743,000. Kestra Advisory Services LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 42.8% during the 1st quarter. Kestra Advisory Services LLC now owns 37,293 shares of the exchange traded fund’s stock valued at $23,001,000 after buying an additional 11,174 shares during the last quarter. Northland Securities Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $560,000. RFG Advisory LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 50.4% during the fourth quarter. RFG Advisory LLC now owns 8,034 shares of the exchange traded fund’s stock worth $4,847,000 after buying an additional 2,694 shares in the last quarter. Finally, Patriot Investment Management Group Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $1,572,000.

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

Shares of NYSEARCA:MDY opened at $706.98 on Tuesday. The firm has a market cap of $27.21 billion, a PE ratio of 18.98 and a beta of 1.01. The company has a fifty day simple moving average of $690.99 and a 200 day simple moving average of $662.04. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $567.90 and a 12-month high of $710.42.

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