RMR Wealth Builders Raises Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

RMR Wealth Builders grew its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,250 shares of the exchange traded fund’s stock after acquiring an additional 224 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 0.8% of RMR Wealth Builders’ investment portfolio, making the stock its 22nd biggest position. RMR Wealth Builders’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,116,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. International Assets Investment Management LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock valued at $1,237,772,000 after purchasing an additional 2,169,344 shares during the period. Arvest Bank Trust Division bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $137,029,000. Pinkerton Retirement Specialists LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $34,041,000. Kayne Anderson Rudnick Investment Management LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 114.4% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 107,037 shares of the exchange traded fund’s stock valued at $57,264,000 after acquiring an additional 57,113 shares in the last quarter. Finally, Black Swift Group LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $14,417,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY traded down $8.12 during midday trading on Friday, hitting $565.61. 851,829 shares of the company traded hands, compared to its average volume of 837,135. The stock has a market cap of $22.35 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm has a 50 day moving average of $591.04 and a 200-day moving average of $567.66. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $487.66 and a 52 week high of $624.13.

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.