Flagstar Advisors Inc. Has $3.26 Million Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Flagstar Advisors Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,700 shares of the exchange traded fund’s stock after acquiring an additional 152 shares during the quarter. Flagstar Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,256,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Ridgewood Investments LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $25,000. Addison Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth $27,000. DiNuzzo Private Wealth Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $28,000. Chris Bulman Inc acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $38,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $610.71 on Friday. The business has a 50-day simple moving average of $577.41 and a 200 day simple moving average of $556.20. SPDR S&P MidCap 400 ETF Trust has a one year low of $463.89 and a one year high of $611.14. The firm has a market capitalization of $24.14 billion, a price-to-earnings 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.