SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Purchased by Sageworth Trust Co

Sageworth Trust Co raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 112.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,347 shares of the exchange traded fund’s stock after purchasing an additional 10,765 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 0.7% of Sageworth Trust Co’s investment portfolio, making the stock its 19th biggest position. Sageworth Trust Co owned approximately 0.05% of SPDR S&P MidCap 400 ETF Trust worth $11,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barrett & Company Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.9% in the fourth quarter. Barrett & Company Inc. now owns 8,110 shares of the exchange traded fund’s stock valued at $4,620,000 after acquiring an additional 72 shares in the last quarter. Lodestar Private Asset Management LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.3% in the 4th quarter. Lodestar Private Asset Management LLC now owns 10,460 shares of the exchange traded fund’s stock valued at $5,958,000 after purchasing an additional 339 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after purchasing an additional 376,929 shares during the last quarter. Benchmark Financial Wealth Advisors LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.8% in the 4th quarter. Benchmark Financial Wealth Advisors LLC now owns 8,437 shares of the exchange traded fund’s stock valued at $4,806,000 after purchasing an additional 384 shares in the last quarter. Finally, Money Concepts Capital Corp lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 179.5% during the 4th quarter. Money Concepts Capital Corp now owns 4,435 shares of the exchange traded fund’s stock worth $2,526,000 after purchasing an additional 2,848 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.2 %

Shares of MDY stock opened at $585.37 on Friday. The company has a market cap of $23.13 billion, a P/E ratio of 15.70 and a beta of 1.09. The firm has a fifty day moving average price of $587.76 and a 200 day moving average price of $574.41. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $501.24 and a 12 month high of $624.13.

About SPDR S&P MidCap 400 ETF Trust

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.