Thrive Wealth Management LLC Purchases Shares of 1,183 SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Thrive Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,183 shares of the exchange traded fund’s stock, valued at approximately $674,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Divergent Planning LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.7% during the 4th quarter. Divergent Planning LLC now owns 64,928 shares of the exchange traded fund’s stock worth $36,724,000 after acquiring an additional 1,098 shares during the last quarter. Annex Advisory Services LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $311,000. Murphy Middleton Hinkle & Parker Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 2.6% during the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 8,439 shares of the exchange traded fund’s stock valued at $4,807,000 after purchasing an additional 216 shares in the last quarter. Cadinha & Co. LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 49.6% during the fourth quarter. Cadinha & Co. LLC now owns 742 shares of the exchange traded fund’s stock valued at $423,000 after purchasing an additional 246 shares during the period. Finally, Orgel Wealth Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 1.9% in the fourth quarter. Orgel Wealth Management LLC now owns 1,637 shares of the exchange traded fund’s stock worth $932,000 after buying an additional 31 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.4 %

MDY stock opened at $591.11 on Monday. The business’s 50-day moving average price is $590.29 and its 200-day moving average price is $569.84. The stock has a market cap of $23.36 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $490.24 and a twelve month high of $624.13.

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.