GAMMA Investing LLC Invests $125,000 in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

GAMMA Investing LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 2nd quarter, Holdings Channel reports. The firm acquired 233 shares of the exchange traded fund’s stock, valued at approximately $125,000.

Other large investors also recently made changes to their positions in the company. Granite Bay Wealth Management LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.3% in the fourth quarter. Granite Bay Wealth Management LLC now owns 2,570,040 shares of the exchange traded fund’s stock valued at $1,192,724,000 after purchasing an additional 33,187 shares during the period. Wells Fargo & Company MN boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock valued at $749,171,000 after purchasing an additional 22,417 shares during the period. Pathstone Holdings LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $485,301,000. UBS Group AG boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.0% in the fourth quarter. UBS Group AG now owns 611,939 shares of the exchange traded fund’s stock valued at $310,486,000 after purchasing an additional 12,187 shares during the period. Finally, Scarborough Advisors LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2,656.0% in the fourth quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after purchasing an additional 292,768 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.0 %

Shares of MDY stock opened at $529.12 on Wednesday. The company has a market capitalization of $20.91 billion, a PE ratio of 15.70 and a beta of 1.09. The firm has a fifty day simple moving average of $541.68 and a 200-day simple moving average of $534.59. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.22 and a twelve month high of $574.11.

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.