Obermeyer Wealth Partners Has $1.70 Million Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Obermeyer Wealth Partners boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 44.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,843 shares of the exchange traded fund’s stock after purchasing an additional 874 shares during the quarter. Obermeyer Wealth Partners’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,695,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Brown Lisle Cummings Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 110.0% in 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 acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $40,000. ST Germain D J Co. Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $42,000. RMG Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $45,000. Finally, Tripletail Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $49,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.2%

MDY opened at $633.68 on Wednesday. The firm has a 50-day moving average price of $604.96 and a 200-day moving average price of $594.56. The company has a market capitalization of $25.14 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $636.14.

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.