Berkshire Money Management Inc. Invests $1.31 Million in SPDR S&P MidCap 400 ETF Trust $MDY

Berkshire Money Management Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,163 shares of the exchange traded fund’s stock, valued at approximately $1,305,000.

Other institutional investors have also recently modified their holdings of the company. Atria Investments Inc raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% in the third quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock worth $3,614,000 after purchasing an additional 3,576 shares during the last quarter. NewEdge Wealth LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% in the third quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock worth $1,190,000 after purchasing an additional 1,320 shares during the last quarter. First Horizon Corp purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $6,724,000. Savvy Advisors Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $620,000. Finally, HB Wealth Management LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 32.7% in the third quarter. HB Wealth Management LLC now owns 5,135 shares of the exchange traded fund’s stock worth $3,061,000 after purchasing an additional 1,266 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $665.43 on Monday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $485.27 and a 52-week high of $669.70. The stock has a market cap of $26.00 billion, a price-to-earnings ratio of 18.98 and a beta of 1.03. The business has a 50-day moving average price of $635.85 and a 200-day moving average price of $618.20.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.