Golden State Wealth Management LLC Makes New Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Golden State Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,320 shares of the exchange traded fund’s stock, valued at approximately $3,372,000.

Other large investors also recently added to or reduced their stakes in the company. Madison Park Capital Advisors LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the first quarter. Madison Park Capital Advisors LLC now owns 11,489 shares of the exchange traded fund’s stock worth $6,129,000 after acquiring an additional 410 shares during the period. Ashford Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $726,000. Stone Summit Wealth LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.3% during the first quarter. Stone Summit Wealth LLC now owns 4,434 shares of the exchange traded fund’s stock worth $2,365,000 after acquiring an additional 55 shares during the period. CNB Bank increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 46.4% during the first quarter. CNB Bank now owns 344 shares of the exchange traded fund’s stock worth $184,000 after acquiring an additional 109 shares during the period. Finally, TI Trust Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.4% during the first quarter. TI Trust Inc. now owns 9,125 shares of the exchange traded fund’s stock worth $4,868,000 after acquiring an additional 385 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.5%

SPDR S&P MidCap 400 ETF Trust stock opened at $582.43 on Friday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $624.13. The stock’s fifty day simple moving average is $551.25 and its 200-day simple moving average is $553.66. The firm has a market capitalization of $23.38 billion, a P/E ratio of 18.14 and a beta of 1.12.

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.