Darwin Wealth Management LLC Invests $173,000 in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Darwin Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 304 shares of the exchange traded fund’s stock, valued at approximately $173,000.

Several other hedge funds have also recently modified their holdings of the stock. First Horizon Advisors Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 11,018 shares of the exchange traded fund’s stock worth $6,277,000 after purchasing an additional 132 shares during the period. Jennison Associates LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 40.1% in the 3rd quarter. Jennison Associates LLC now owns 1,713 shares of the exchange traded fund’s stock valued at $976,000 after purchasing an additional 490 shares in the last quarter. Commerce Bank raised its stake in SPDR S&P MidCap 400 ETF Trust by 0.9% during the 3rd quarter. Commerce Bank now owns 26,872 shares of the exchange traded fund’s stock worth $15,308,000 after acquiring an additional 248 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 0.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after acquiring an additional 5,825 shares in the last quarter. Finally, Lowery Thomas LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth $207,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $591.18 on Thursday. The firm has a market cap of $23.36 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $463.09 and a one year high of $609.69. The firm’s fifty day moving average is $575.20 and its two-hundred day moving average is $555.42.

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.