Jacksonville Wealth Management LLC Makes New Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Jacksonville Wealth Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,208 shares of the exchange traded fund’s stock, valued at approximately $688,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of MDY. Flagstar Advisors Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 2.7% during the 3rd quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock valued at $3,256,000 after acquiring an additional 152 shares during the period. Signaturefd LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 884.1% during the third quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 557 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 16.0% during the second quarter. Thrivent Financial for Lutherans now owns 2,719 shares of the exchange traded fund’s stock valued at $1,455,000 after purchasing an additional 376 shares during the period. Inspire Trust Co. N.A. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 19.1% in the third quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Centaurus Financial Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 167.3% in the 2nd quarter. Centaurus Financial Inc. now owns 3,381 shares of the exchange traded fund’s stock worth $1,809,000 after buying an additional 2,116 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $597.49 on Friday. The firm has a market capitalization of $23.61 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $495.53 and a 1-year high of $624.13. The company has a 50-day moving average of $590.32 and a 200 day moving average of $571.86.

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.