Financial Partners Group LLC Has $1.05 Million Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Financial Partners Group LLC raised its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,857 shares of the exchange traded fund’s stock after purchasing an additional 25 shares during the quarter. Financial Partners Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,052,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hancock Prospecting Pty Ltd acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $1,584,523,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock valued at $307,624,000 after purchasing an additional 20,483 shares during the period. JPMorgan Chase & Co. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% in the 1st quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock valued at $229,058,000 after purchasing an additional 28,167 shares during the period. Finally, Waddell & Associates LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% in the 1st quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock valued at $75,535,000 after purchasing an additional 1,325 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $596.68 on Friday. The business’s 50-day moving average price is $588.93 and its two-hundred day moving average price is $558.54. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The company has a market capitalization of $23.64 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12.

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.