SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Acquired by Cumberland Advisors Inc.

Cumberland Advisors Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 49,482 shares of the exchange traded fund’s stock after acquiring an additional 2,115 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for 11.2% of Cumberland Advisors Inc.’s portfolio, making the stock its 2nd largest position. Cumberland Advisors Inc. owned 0.13% of SPDR S&P MidCap 400 ETF Trust worth $28,184,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MDY. DiNuzzo Private Wealth Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $28,000. Chris Bulman Inc bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $30,000. Kiely Wealth Advisory Group Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $64,000. Peterson Financial Group Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $68,000. Finally, Beaird Harris Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $67,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.3 %

Shares of SPDR S&P MidCap 400 ETF Trust stock traded up $1.50 during trading on Wednesday, hitting $573.73. 559,357 shares of the stock were exchanged, compared to its average volume of 835,823. The stock has a market capitalization of $22.67 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The company has a fifty day moving average price of $590.87 and a 200-day moving average price of $567.57. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $487.66 and a 1-year high of $624.13.

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.