Garden State Investment Advisory Services LLC Raises Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Garden State Investment Advisory Services LLC raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 70.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,240 shares of the exchange traded fund’s stock after purchasing an additional 2,169 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.9% of Garden State Investment Advisory Services LLC’s investment portfolio, making the stock its 26th largest holding. Garden State Investment Advisory Services LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,989,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. J.Safra Asset Management Corp bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $26,000. West Financial Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $28,000. New Wave Wealth Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $32,000. Brooklyn Investment Group acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $36,000. Finally, CoreFirst Bank & Trust purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $40,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $502.98 on Wednesday. The stock has a market cap of $20.58 billion, a PE ratio of 17.11 and a beta of 1.07. The stock has a 50-day moving average of $541.91 and a two-hundred day moving average of $570.54. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year 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.