Montz Harcus Wealth Management LLC Acquires 386 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Montz Harcus Wealth Management LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 14,575 shares of the exchange traded fund’s stock after acquiring an additional 386 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 4.6% of Montz Harcus Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. Montz Harcus Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,301,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after acquiring an additional 18 shares during the period. GenTrust LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the third quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock valued at $1,927,000 after buying an additional 18 shares in the last quarter. Hohimer Wealth Management LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% during the 3rd quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock worth $684,000 after buying an additional 18 shares during the period. SPC Financial Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.2% during the 3rd quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock valued at $353,000 after buying an additional 19 shares in the last quarter. Finally, Mutual Advisors LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 0.6% in the 4th quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock valued at $2,211,000 after acquiring an additional 21 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $583.12 on Wednesday. The company has a fifty day moving average of $586.60 and a two-hundred day moving average of $575.15. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $501.24 and a fifty-two week high of $624.13. The stock has a market capitalization of $23.04 billion, a PE ratio of 15.70 and a beta of 1.09.

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.