Blackston Financial Advisory Group LLC Invests $909,000 in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Blackston Financial Advisory Group LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 1,595 shares of the exchange traded fund’s stock, valued at approximately $909,000.

Several other institutional investors and hedge funds also recently modified their holdings of MDY. Ruedi Wealth Management Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $26,000. Ridgewood Investments LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $25,000. Addison Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $27,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $28,000. Finally, Chris Bulman Inc bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $30,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.2 %

Shares of MDY stock opened at $571.10 on Friday. The stock has a 50-day simple moving average of $562.70 and a 200 day simple moving average of $547.69. The stock has a market capitalization of $22.57 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $585.50.

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.