First Horizon Advisors Inc. Raises Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

First Horizon Advisors Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,135 shares of the exchange traded fund’s stock after purchasing an additional 117 shares during the quarter. First Horizon Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,342,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MDY. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $32,000. Brooklyn Investment Group purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $36,000. Peterson Financial Group Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $68,000. Finally, Newton One Investments LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $69,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $566.50 on Monday. The firm has a fifty day moving average price of $582.15 and a 200 day moving average price of $577.37. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $511.97 and a 1 year high of $624.13. The stock has a market cap of $23.86 billion, a P/E ratio of 19.87 and a beta of 1.13.

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.