Mount Yale Investment Advisors LLC Purchases New Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Mount Yale Investment Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 530 shares of the exchange traded fund’s stock, valued at approximately $295,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Osborne Partners Capital Management LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 0.9% during the 4th quarter. Osborne Partners Capital Management LLC now owns 2,292 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 20 shares during the period. Warner Financial Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 1.0% during the 4th quarter. Warner Financial Inc. now owns 2,182 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 21 shares during the period. TFG Advisers LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.6% in the 1st quarter. TFG Advisers LLC now owns 828 shares of the exchange traded fund’s stock valued at $461,000 after acquiring an additional 21 shares during the period. Hazlett Burt & Watson Inc. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 30 shares during the period. Finally, Acorn Wealth Advisors LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% in the 4th quarter. Acorn Wealth Advisors LLC now owns 1,379 shares of the exchange traded fund’s stock valued at $700,000 after acquiring an additional 30 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.2 %

Shares of NYSEARCA:MDY traded down $1.15 on Monday, reaching $560.51. The company had a trading volume of 583,772 shares, compared to its average volume of 878,278. The firm has a market capitalization of $22.15 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $569.98. The firm’s 50 day simple moving average is $541.41 and its 200-day simple moving average is $532.07.

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.