Rehmann Capital Advisory Group Boosts Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Rehmann Capital Advisory Group raised its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 21.1% in the 3rd quarter, Holdings Channel reports. The fund owned 803 shares of the exchange traded fund’s stock after acquiring an additional 140 shares during the quarter. Rehmann Capital Advisory Group’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $458,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ridgewood Investments LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $25,000. Addison Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $27,000. DiNuzzo Private Wealth Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at approximately $28,000. Chris Bulman Inc purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $30,000. Finally, Family Firm Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $42,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.6 %

NYSEARCA MDY opened at $602.33 on Friday. The business’s 50 day moving average is $589.24 and its two-hundred day moving average is $562.05. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $481.07 and a 12-month high of $624.13. The stock has a market capitalization of $23.80 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.