Greystone Financial Group LLC Raises Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Greystone Financial Group LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 159.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,404 shares of the exchange traded fund’s stock after purchasing an additional 863 shares during the period. Greystone Financial Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $751,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ridgewood Investments LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $25,000. Ruedi Wealth Management Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $26,000. Addison Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $38,000. Finally, Toth Financial Advisory Corp grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 68.2% in the first quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 30 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY traded down $7.30 during midday trading on Friday, reaching $537.95. 970,495 shares of the company’s stock traded hands, compared to its average volume of 855,780. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $574.11. The stock has a market capitalization of $21.26 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm has a fifty day moving average of $548.09 and a two-hundred day moving average of $541.01.

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.