10,500 Shares in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Purchased by Hopwood Financial Services Inc.

Hopwood Financial Services Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 10,500 shares of the exchange traded fund’s stock, valued at approximately $5,981,000. SPDR S&P MidCap 400 ETF Trust accounts for about 4.5% of Hopwood Financial Services Inc.’s holdings, making the stock its 6th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Axxcess Wealth Management LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 25.0% in the third quarter. Axxcess Wealth Management LLC now owns 2,371 shares of the exchange traded fund’s stock worth $1,351,000 after acquiring an additional 474 shares during the period. Nations Financial Group Inc. IA ADV bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $213,000. Apollon Wealth Management LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 6,547 shares of the exchange traded fund’s stock worth $3,730,000 after purchasing an additional 33 shares during the period. GSA Capital Partners LLP bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at about $1,172,000. Finally, First National Trust Co increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 6.5% during the third quarter. First National Trust Co now owns 1,089 shares of the exchange traded fund’s stock valued at $620,000 after buying an additional 66 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $531.63 on Wednesday. The company has a 50-day simple moving average of $576.48 and a two-hundred day simple moving average of $577.77. The firm has a market capitalization of $22.00 billion, a PE ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year high of $624.13.

SPDR S&P MidCap 400 ETF Trust Company 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.