TKG Advisors LLC Raises Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

TKG Advisors LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,652 shares of the exchange traded fund’s stock after buying an additional 337 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 3.3% of TKG Advisors LLC’s investment portfolio, making the stock its 5th biggest position. TKG Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,637,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ridgewood Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $25,000. Ruedi Wealth Management Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $26,000. Addison Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth $27,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $28,000. Finally, Chris Bulman Inc purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $30,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock traded up $2.31 on Monday, hitting $569.10. 81,795 shares of the company’s stock were exchanged, compared to its average volume of 819,614. The firm has a 50 day moving average price of $564.84 and a two-hundred day moving average price of $549.61. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $439.81 and a 12-month high of $585.50. The stock has a market cap of $22.49 billion, a P/E ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Company 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.