Farther Finance Advisors LLC Increases Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Farther Finance Advisors LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 20.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,137 shares of the exchange traded fund’s stock after acquiring an additional 360 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,211,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MDY. Hancock Prospecting Pty Ltd bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $1,584,523,000. GAMMA Investing LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 527,197.9% during the first quarter. GAMMA Investing LLC now owns 1,228,604 shares of the exchange traded fund’s stock valued at $655,436,000 after acquiring an additional 1,228,371 shares during the last quarter. Starr Indemnity & Liability Co bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $35,957,000. Finally, SCS Capital Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $32,862,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $598.62 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The stock has a market capitalization of $23.72 billion, a P/E ratio of 18.98 and a beta of 1.12. The firm’s 50 day simple moving average is $587.96 and its two-hundred day simple moving average is $557.27.

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.