Castle Rock Wealth Management LLC Grows Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Castle Rock Wealth Management LLC increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,235 shares of the exchange traded fund’s stock after buying an additional 74 shares during the quarter. Castle Rock Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,264,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MDY. Granite Bay Wealth Management LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after buying an additional 2,080,665 shares during the last quarter. Scarborough Advisors LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 2,656.0% in the 4th quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after acquiring an additional 292,768 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 41,522.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock valued at $127,169,000 after acquiring an additional 237,092 shares in the last quarter. Global Assets Advisory LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $122,938,000. Finally, Pinkerton Retirement Specialists LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $34,041,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock traded up $8.99 during mid-day trading on Friday, hitting $575.48. The company’s stock had a trading volume of 288,671 shares, compared to its average volume of 832,252. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $575.81. The stock has a market cap of $22.74 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The business has a 50-day moving average price of $554.64 and a 200 day moving average price of $545.87.

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.