Magnus Financial Group LLC Makes New Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Magnus Financial Group LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 358 shares of the exchange traded fund’s stock, valued at approximately $204,000.

Several other hedge funds also recently modified their holdings of MDY. DiNuzzo Private Wealth Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $28,000. West Financial Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. Brooklyn Investment Group bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $36,000. Beaird Harris Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $67,000. Finally, Peterson Financial Group Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $68,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.0 %

MDY opened at $598.53 on Friday. The stock’s 50 day simple moving average is $589.97 and its 200-day simple moving average is $571.21. The stock has a market cap of $23.65 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $495.53 and a 1 year 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.