Fairman Group LLC Purchases Shares of 330 SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Fairman Group LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 330 shares of the exchange traded fund’s stock, valued at approximately $168,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MDY. West Branch Capital LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $25,000. Hazlett Burt & Watson Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 30 shares in the last quarter. Bruce G. Allen Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $44,000. Anchor Investment Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $51,000. Finally, Security National Bank purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $51,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.1 %

SPDR S&P MidCap 400 ETF Trust stock traded up $0.40 during midday trading on Tuesday, hitting $535.65. 37,063 shares of the stock were exchanged, compared to its average volume of 886,130. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $558.34. The stock has a market capitalization of $21.17 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The business’s 50-day moving average price is $537.24 and its 200-day moving average price is $522.86.

About SPDR S&P MidCap 400 ETF Trust

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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