1,075 Shares in SPDR S&P MidCap 400 ETF Trust $MDY Acquired by Royal Fund Management LLC

Royal Fund Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,075 shares of the exchange traded fund’s stock, valued at approximately $649,000.

A number of other hedge funds have also modified their holdings of the company. Activest Wealth Management increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% in the third quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 30 shares in the last quarter. Brown Lisle Cummings Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 110.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 33 shares in the last quarter. CoreFirst Bank & Trust purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $40,000. Cloud Capital Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $41,000. Finally, ST Germain D J Co. Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $42,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock opened at $616.76 on Wednesday. The stock has a fifty day simple moving average of $635.06 and a two-hundred day simple moving average of $614.31. The firm has a market capitalization of $23.94 billion, a PE ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $662.65.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.