SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 8.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,791 shares of the exchange traded fund’s stock after purchasing an additional 139 shares during the period. Valmark Advisers Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $909,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 4.7% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 68,281 shares of the exchange traded fund’s stock worth $31,190,000 after purchasing an additional 3,041 shares during the period. Certified Advisory Corp lifted its position in SPDR S&P MidCap 400 ETF Trust by 4.8% in the third quarter. Certified Advisory Corp now owns 1,122 shares of the exchange traded fund’s stock worth $513,000 after purchasing an additional 51 shares during the period. Divergent Planning LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 3.2% in the fourth quarter. Divergent Planning LLC now owns 57,457 shares of the exchange traded fund’s stock worth $29,059,000 after purchasing an additional 1,778 shares during the period. Well Done LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 29.6% in the fourth quarter. Well Done LLC now owns 648 shares of the exchange traded fund’s stock worth $329,000 after purchasing an additional 148 shares during the period. Finally, Criterion Capital Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $58,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.3 %

MDY traded up $1.52 during trading on Friday, reaching $529.38. The stock had a trading volume of 549,453 shares, compared to its average volume of 947,954. The firm has a market capitalization of $21.54 billion, a price-to-earnings ratio of 15.15 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $424.22 and a 1-year high of $558.34. The stock has a 50 day moving average of $534.69 and a two-hundred day moving average of $499.57.

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.