Mercer Global Advisors Inc. ADV Buys 4,698 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Mercer Global Advisors Inc. ADV lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 38.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,003 shares of the exchange traded fund’s stock after acquiring an additional 4,698 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,098,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Ridgewood Investments LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $25,000. Ruedi Wealth Management Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $26,000. Addison Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $27,000. Chris Bulman Inc bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $38,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.7 %

Shares of NYSEARCA MDY opened at $572.06 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $574.11. The company has a market cap of $22.61 billion, a P/E ratio of 15.70 and a beta of 1.09. The business’s 50 day moving average is $551.75 and its two-hundred day moving average is $542.95.

SPDR S&P MidCap 400 ETF Trust Company 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.