Arete Wealth Advisors LLC Increases Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Arete Wealth Advisors LLC lifted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 449 shares of the exchange traded fund’s stock after buying an additional 26 shares during the period. Arete Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of MDY. J.Safra Asset Management Corp purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $26,000. West Financial Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $28,000. New Wave Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $32,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $36,000. Finally, CoreFirst Bank & Trust purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $40,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 4.9 %

MDY opened at $483.74 on Monday. The firm’s 50 day simple moving average is $559.58 and its two-hundred day simple moving average is $575.37. The company has a market capitalization of $19.84 billion, a PE ratio of 18.90 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $473.58 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.