503 Shares in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Bought by Index Fund Advisors Inc.

Index Fund Advisors Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 503 shares of the exchange traded fund’s stock, valued at approximately $287,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Avantax Advisory Services Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 4.5% during the first quarter. Avantax Advisory Services Inc. now owns 21,291 shares of the exchange traded fund’s stock worth $11,846,000 after purchasing an additional 921 shares during the period. First Foundation Advisors lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 28.5% in the first quarter. First Foundation Advisors now owns 699 shares of the exchange traded fund’s stock valued at $389,000 after buying an additional 155 shares during the last quarter. WealthPLAN Partners LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 14.5% during the 1st quarter. WealthPLAN Partners LLC now owns 1,339 shares of the exchange traded fund’s stock worth $745,000 after acquiring an additional 170 shares during the period. &PARTNERS increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 14.3% during the 2nd quarter. &PARTNERS now owns 1,134 shares of the exchange traded fund’s stock worth $607,000 after acquiring an additional 142 shares during the last quarter. Finally, Brighton Jones LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 25.6% during the 2nd quarter. Brighton Jones LLC now owns 2,047 shares of the exchange traded fund’s stock worth $1,095,000 after acquiring an additional 417 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.4 %

Shares of NYSEARCA MDY traded up $2.38 during mid-day trading on Thursday, reaching $572.38. 70,130 shares of the company were exchanged, compared to its average volume of 820,364. The stock has a market capitalization of $22.62 billion, a P/E ratio of 15.70 and a beta of 1.09. The company’s 50-day simple moving average is $562.70 and its 200-day simple moving average is $547.69. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.22 and a twelve month high of $585.50.

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.