Valmark Advisers Inc. Has $1.76 Million Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Valmark Advisers Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 19.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,082 shares of the exchange traded fund’s stock after acquiring an additional 497 shares during the quarter. Valmark Advisers Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,756,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bay Rivers Group boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 0.4% during the 3rd quarter. Bay Rivers Group now owns 7,969 shares of the exchange traded fund’s stock worth $4,539,000 after acquiring an additional 33 shares during the last quarter. Integrated Advisors Network LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.4% during the third quarter. Integrated Advisors Network LLC now owns 3,539 shares of the exchange traded fund’s stock valued at $2,016,000 after purchasing an additional 50 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.2% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock worth $886,000 after purchasing an additional 18 shares during the last quarter. Tower View Wealth Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 2.3% in the 3rd quarter. Tower View Wealth Management LLC now owns 4,657 shares of the exchange traded fund’s stock worth $2,653,000 after purchasing an additional 104 shares in the last quarter. Finally, FCG Investment Co increased its stake in SPDR S&P MidCap 400 ETF Trust by 11.0% in the 3rd quarter. FCG Investment Co now owns 1,027 shares of the exchange traded fund’s stock valued at $585,000 after buying an additional 102 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.1 %

Shares of NYSEARCA MDY opened at $573.99 on Wednesday. The company has a market capitalization of $22.68 billion, a PE ratio of 15.70 and a beta of 1.09. The stock’s 50 day moving average price is $564.28 and its 200-day moving average price is $548.61. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.90 and a twelve month high of $585.50.

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.