Black Diamond Financial LLC Purchases 4,562 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Black Diamond Financial LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 649.9% in the second quarter, HoldingsChannel reports. The firm owned 5,264 shares of the exchange traded fund’s stock after buying an additional 4,562 shares during the period. Black Diamond Financial LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,817,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of MDY. Granite Bay Wealth Management LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after acquiring an additional 2,080,665 shares during the period. Wells Fargo & Company MN boosted its position in SPDR S&P MidCap 400 ETF Trust by 1.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock worth $749,171,000 after purchasing an additional 22,417 shares during the period. Pathstone Holdings LLC acquired 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 raised its position 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, Raymond James & Associates lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.9% during the 2nd quarter. Raymond James & Associates now owns 367,233 shares of the exchange traded fund’s stock worth $196,499,000 after buying an additional 10,447 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $555.43 on Monday. The firm has a market cap of $21.95 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $574.11. The firm’s 50-day simple moving average is $549.41 and its 200 day simple moving average is $542.17.

SPDR S&P MidCap 400 ETF Trust Company 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.