Creative Financial Designs Inc. ADV Raises Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Creative Financial Designs Inc. ADV lifted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 23.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 622 shares of the exchange traded fund’s stock after acquiring an additional 117 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $354,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MDY. J.Safra Asset Management Corp purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $26,000. West Financial Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $28,000. New Wave Wealth Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $32,000. Brooklyn Investment Group purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $36,000. Finally, Synergy Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $44,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $539.23 on Wednesday. The firm’s 50-day moving average price is $572.72 and its 200-day moving average price is $576.78. The company has a market capitalization of $22.32 billion, a PE ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $511.97 and a 1-year 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.