JDM Financial Group LLC Has $407,000 Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

JDM Financial Group LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.6% in the 3rd quarter, Holdings Channel reports. The firm owned 714 shares of the exchange traded fund’s stock after acquiring an additional 25 shares during the period. JDM Financial Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $407,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MDY. Ridgewood Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $25,000. Addison Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $27,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth $28,000. Chris Bulman Inc bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $30,000. Finally, Family Firm Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $42,000.

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

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $606.21 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $480.88 and a twelve month high of $624.13. The stock has a market cap of $23.96 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The company’s fifty day moving average is $587.69 and its 200 day moving average is $561.34.

About SPDR S&P MidCap 400 ETF Trust

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.