Lowe Wealth Advisors LLC Acquires 119 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Lowe Wealth Advisors LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,300 shares of the exchange traded fund’s stock after buying an additional 119 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.0% of Lowe Wealth Advisors LLC’s holdings, making the stock its 14th largest position. Lowe Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,449,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MDY. MGO One Seven LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 3.5% in the second quarter. MGO One Seven LLC now owns 2,101 shares of the exchange traded fund’s stock worth $1,124,000 after purchasing an additional 71 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% in the 2nd quarter. LPL Financial LLC now owns 139,608 shares of the exchange traded fund’s stock valued at $74,702,000 after acquiring an additional 364 shares during the last quarter. Hazlett Burt & Watson Inc. grew its position in SPDR S&P MidCap 400 ETF Trust by 278.9% in the second quarter. Hazlett Burt & Watson Inc. now owns 216 shares of the exchange traded fund’s stock worth $116,000 after acquiring an additional 159 shares in the last quarter. Eagle Strategies LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $449,000. Finally, Oppenheimer & Co. Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 51.7% during the second quarter. Oppenheimer & Co. Inc. now owns 10,449 shares of the exchange traded fund’s stock valued at $5,591,000 after purchasing an additional 3,559 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock traded down $8.12 on Friday, reaching $565.61. The company had a trading volume of 820,311 shares, compared to its average volume of 819,676. The firm has a market cap of $22.35 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm’s 50-day moving average price is $591.04 and its two-hundred day moving average price is $567.66. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $487.66 and a 1 year high of $624.13.

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.