Clear Point Advisors Inc. Boosts Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Clear Point Advisors Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 6,252 shares of the exchange traded fund’s stock after buying an additional 24 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up about 3.0% of Clear Point Advisors Inc.’s investment portfolio, making the stock its 7th largest holding. Clear Point Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,561,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Lyell Wealth Management LP raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.2% during the fourth quarter. Lyell Wealth Management LP now owns 2,217 shares of the exchange traded fund’s stock valued at $1,263,000 after purchasing an additional 89 shares in the last quarter. Global Retirement Partners LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 1.6% during the fourth quarter. Global Retirement Partners LLC now owns 5,547 shares of the exchange traded fund’s stock worth $3,159,000 after acquiring an additional 89 shares during the period. Beirne Wealth Consulting Services LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 4.1% during the fourth quarter. Beirne Wealth Consulting Services LLC now owns 829 shares of the exchange traded fund’s stock worth $474,000 after acquiring an additional 33 shares during the period. Bank of Jackson Hole Trust acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $283,000. Finally, Key Financial Inc grew its holdings in SPDR S&P MidCap 400 ETF Trust by 2,960.0% during the fourth quarter. Key Financial Inc now owns 306 shares of the exchange traded fund’s stock worth $174,000 after acquiring an additional 296 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.9 %

NYSEARCA:MDY opened at $589.24 on Wednesday. The business’s 50-day moving average price is $583.90 and its 200 day moving average price is $575.92. The firm has a market cap of $23.29 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $510.45 and a 52-week high of $624.13.

SPDR S&P MidCap 400 ETF Trust Company 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.