Edge Financial Advisors LLC Invests $1.56 Million in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Edge Financial Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,746 shares of the exchange traded fund’s stock, valued at approximately $1,564,000. SPDR S&P MidCap 400 ETF Trust accounts for about 1.4% of Edge Financial Advisors LLC’s investment portfolio, making the stock its 28th biggest position.

A number of other institutional investors also recently modified their holdings of the company. Mutual Advisors LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 348.0% in the 3rd quarter. Mutual Advisors LLC now owns 3,736 shares of the exchange traded fund’s stock valued at $2,134,000 after buying an additional 2,902 shares during the last quarter. Highview Capital Management LLC DE raised its position in SPDR S&P MidCap 400 ETF Trust by 0.3% in the 3rd quarter. Highview Capital Management LLC DE now owns 8,133 shares of the exchange traded fund’s stock valued at $4,633,000 after buying an additional 22 shares during the last quarter. Lodestar Private Asset Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 1.4% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 10,121 shares of the exchange traded fund’s stock valued at $5,765,000 after buying an additional 136 shares during the last quarter. Valmark Advisers Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 19.2% in the 3rd quarter. Valmark Advisers Inc. now owns 3,082 shares of the exchange traded fund’s stock valued at $1,756,000 after buying an additional 497 shares during the last quarter. Finally, Bay Rivers Group raised its position in SPDR S&P MidCap 400 ETF Trust by 0.4% in the 3rd quarter. Bay Rivers Group now owns 7,969 shares of the exchange traded fund’s stock valued at $4,539,000 after buying an additional 33 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY traded up $1.24 during mid-day trading on Wednesday, reaching $575.23. 75,602 shares of the company’s stock were exchanged, compared to its average volume of 819,867. The firm has a market capitalization of $22.73 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $428.79 and a 52 week high of $585.50. The firm has a 50-day moving average price of $564.28 and a two-hundred day moving average price of $548.61.

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.