PKS Advisory Services LLC Buys Shares of 4,863 SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

PKS Advisory Services LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,863 shares of the exchange traded fund’s stock, valued at approximately $2,770,000. SPDR S&P MidCap 400 ETF Trust accounts for 0.7% of PKS Advisory Services LLC’s investment portfolio, making the stock its 27th biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Citigroup Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 282.8% in the third quarter. Citigroup Inc. now owns 30,993 shares of the exchange traded fund’s stock valued at $17,655,000 after purchasing an additional 22,897 shares during the period. Summit Trail Advisors LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 13.5% during the 3rd quarter. Summit Trail Advisors LLC now owns 2,103 shares of the exchange traded fund’s stock valued at $1,202,000 after acquiring an additional 250 shares during the period. DRW Securities LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 176.2% in the 3rd quarter. DRW Securities LLC now owns 4,822 shares of the exchange traded fund’s stock valued at $2,747,000 after acquiring an additional 3,076 shares in the last quarter. Private Trust Co. NA grew its position in SPDR S&P MidCap 400 ETF Trust by 0.9% in the 3rd quarter. Private Trust Co. NA now owns 3,848 shares of the exchange traded fund’s stock valued at $2,192,000 after acquiring an additional 34 shares in the last quarter. Finally, Elios Financial Group Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $404,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $551.07 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year high of $624.13. The firm has a 50 day simple moving average of $570.59 and a 200-day simple moving average of $576.55. The firm has a market cap of $22.81 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14.

About SPDR S&P MidCap 400 ETF Trust

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.