DRW Securities LLC Purchases 3,076 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

DRW Securities LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 176.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 4,822 shares of the exchange traded fund’s stock after buying an additional 3,076 shares during the period. DRW Securities LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,747,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock worth $886,000 after acquiring an additional 18 shares in the last quarter. GenTrust LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 0.5% during the third quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock worth $1,927,000 after purchasing an additional 18 shares during the period. Asset Management Group Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 0.4% in the second quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock worth $2,603,000 after purchasing an additional 19 shares in the last quarter. SPC Financial Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 3.2% in the third quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock valued at $353,000 after buying an additional 19 shares during the period. Finally, Pacific Sun Financial Corp boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.8% during the 2nd quarter. Pacific Sun Financial Corp now owns 1,140 shares of the exchange traded fund’s stock worth $610,000 after buying an additional 20 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.7 %

Shares of MDY stock opened at $610.71 on Monday. The firm has a 50 day moving average of $577.41 and a 200-day moving average of $556.38. The company has a market cap of $24.14 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 $463.89 and a 52 week high of $611.14.

SPDR S&P MidCap 400 ETF Trust 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.