Pollock Investment Advisors LLC Takes Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Pollock Investment Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 991 shares of the exchange traded fund’s stock, valued at approximately $564,000. SPDR S&P MidCap 400 ETF Trust comprises approximately 0.5% of Pollock Investment Advisors LLC’s holdings, making the stock its 29th biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. J.Safra Asset Management Corp purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $26,000. West Financial Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $32,000. Brooklyn Investment Group purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $36,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $44,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 2.4 %

MDY opened at $535.74 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $511.97 and a 52 week high of $624.13. The business’s 50 day moving average is $574.02 and its two-hundred day moving average is $576.97. The firm has a market cap of $22.17 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14.

About SPDR S&P MidCap 400 ETF Trust

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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