Naples Global Advisors LLC Has $2.67 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Naples Global Advisors LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,677 shares of the exchange traded fund’s stock after purchasing an additional 32 shares during the quarter. Naples Global Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,674,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Avidian Wealth Enterprises LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 4.8% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 506 shares of the exchange traded fund’s stock valued at $288,000 after acquiring an additional 23 shares during the last quarter. Capital Advisors Inc. OK lifted its stake in SPDR S&P MidCap 400 ETF Trust by 56.0% in the fourth quarter. Capital Advisors Inc. OK now owns 733 shares of the exchange traded fund’s stock valued at $418,000 after buying an additional 263 shares during the period. Sonata Capital Group Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 4.6% during the fourth quarter. Sonata Capital Group Inc. now owns 7,929 shares of the exchange traded fund’s stock worth $4,516,000 after buying an additional 346 shares during the last quarter. Montz Harcus Wealth Management LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 14,575 shares of the exchange traded fund’s stock worth $8,301,000 after buying an additional 386 shares during the period. Finally, Peterson Wealth Services bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $3,615,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $579.11 on Thursday. The firm’s 50 day simple moving average is $586.02 and its 200 day simple moving average is $575.30. 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 company has a market capitalization of $22.89 billion, a price-to-earnings 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.