Compass Planning Associates Inc Takes $594,000 Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Compass Planning Associates Inc purchased a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,043 shares of the exchange traded fund’s stock, valued at approximately $594,000. SPDR S&P MidCap 400 ETF Trust comprises about 0.6% of Compass Planning Associates Inc’s investment portfolio, making the stock its 17th biggest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $32,000. Brooklyn Investment Group purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $36,000. Peterson Financial Group Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $68,000. Finally, Newton One Investments LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $69,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $580.29 on Friday. The stock has a fifty day moving average price of $582.80 and a 200 day moving average price of $576.38. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $510.54 and a 1-year high of $624.13. The company has a market cap of $24.44 billion, a PE ratio of 19.87 and a beta of 1.13.

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.