JMG Financial Group Ltd. Has $2.67 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

JMG Financial Group Ltd. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,515 shares of the exchange traded fund’s stock after acquiring an additional 300 shares during the quarter. JMG Financial Group Ltd.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,665,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDY. Weaver Consulting Group acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $27,000. Farmers National Bank acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $32,000. Belvedere Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $40,000. Cullen Frost Bankers Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $52,000. Finally, Lenox Wealth Management Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $52,000.

Shares of NYSEARCA MDY traded up $7.17 during mid-day trading on Friday, hitting $341.68. 1,076,700 shares of the stock traded hands, compared to its average volume of 1,070,359. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $284.45 and a twelve month high of $374.10. The firm has a 50 day simple moving average of $352.62 and a two-hundred day simple moving average of $348.57.



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.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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