Foundations Investment Advisors LLC Has $592,000 Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Foundations Investment Advisors LLC grew its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,039 shares of the exchange traded fund’s stock after purchasing an additional 54 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $592,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the third quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after purchasing an additional 2,169,344 shares during the period. SG Americas Securities LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the 4th quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock valued at $151,355,000 after purchasing an additional 248,146 shares during the last quarter. Arvest Bank Trust Division bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth about $137,029,000. Integrated Investment Consultants LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $160,000. Finally, Black Swift Group LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $14,417,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock opened at $596.41 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $495.53 and a 52-week high of $624.13. The firm’s 50 day moving average price is $590.44 and its two-hundred day moving average price is $573.15. The stock has a market cap of $23.57 billion, a PE 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.