Avidian Wealth Enterprises LLC Increases Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Avidian Wealth Enterprises LLC raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 506 shares of the exchange traded fund’s stock after purchasing an additional 23 shares during the period. Avidian Wealth Enterprises LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $288,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. PFG Investments LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 17.3% in the fourth quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 113 shares during the last quarter. Flagstar Advisors Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 2.7% in the third quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock valued at $3,256,000 after purchasing an additional 152 shares during the last quarter. Signaturefd LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 884.1% in the third quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock valued at $353,000 after purchasing an additional 557 shares during the last quarter. Inspire Trust Co. N.A. increased its stake in 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 valued at $6,735,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Frisch Financial Group Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.4% during the third quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock worth $1,216,000 after acquiring an additional 146 shares during the last quarter.

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

Shares of MDY opened at $584.32 on Friday. The firm has a market cap of $23.09 billion, a PE ratio of 15.70 and a beta of 1.09. The company’s 50 day simple moving average is $585.33 and its 200-day simple moving average is $575.33. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $506.33 and a 12-month high of $624.13.

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.