IFG Advisors LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 4.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 44,418 shares of the exchange traded fund’s stock after purchasing an additional 2,085 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 5.0% of IFG Advisors LLC’s portfolio, making the stock its 7th biggest holding. IFG Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $25,299,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. Wilmar Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $5,696,000. Tower View Wealth Management LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 18.5% in the 4th quarter. Tower View Wealth Management LLC now owns 5,518 shares of the exchange traded fund’s stock worth $3,143,000 after buying an additional 861 shares during the last quarter. Heritage Wealth Management Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6.3% in the 4th quarter. Heritage Wealth Management Inc. now owns 440 shares of the exchange traded fund’s stock worth $250,000 after buying an additional 26 shares during the last quarter. Hanover Advisors Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.1% in the 4th quarter. Hanover Advisors Inc. now owns 11,634 shares of the exchange traded fund’s stock worth $6,627,000 after buying an additional 563 shares during the last quarter. Finally, Noble Wealth Management PBC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $109,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA:MDY opened at $565.80 on Friday. The company’s 50-day moving average is $580.64 and its 200 day moving average is $578.07. The company has a market capitalization of $23.83 billion, a P/E ratio of 19.87 and a beta of 1.13. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $511.97 and a fifty-two week high of $624.13.
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.
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Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
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