CWS Financial Advisors LLC Invests $1.89 Million in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

CWS Financial Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 3,319 shares of the exchange traded fund’s stock, valued at approximately $1,890,000. SPDR S&P MidCap 400 ETF Trust comprises approximately 0.6% of CWS Financial Advisors LLC’s portfolio, making the stock its 25th largest position.

Other large investors also recently made changes to their positions in the company. PFG Investments LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 17.3% during the 4th quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 113 shares during the period. Flagstar Advisors Inc. boosted its stake in SPDR S&P MidCap 400 ETF Trust by 2.7% during the 3rd quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock valued at $3,256,000 after purchasing an additional 152 shares during the period. Inspire Trust Co. N.A. boosted its stake in SPDR S&P MidCap 400 ETF Trust by 19.1% during the 3rd quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock valued at $6,735,000 after purchasing an additional 1,900 shares during the period. Frisch Financial Group Inc. boosted its stake in SPDR S&P MidCap 400 ETF Trust by 7.4% during the 3rd quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock valued at $1,216,000 after purchasing an additional 146 shares during the period. Finally, Benchmark Financial Wealth Advisors LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 2.4% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 8,053 shares of the exchange traded fund’s stock valued at $4,588,000 after purchasing an additional 187 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.1 %

Shares of NYSEARCA:MDY opened at $565.76 on Tuesday. The business has a 50 day moving average price of $581.48 and a 200 day moving average price of $577.58. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $511.97 and a twelve month high of $624.13. The company has a market cap of $23.83 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13.

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.