First City Capital Management Inc. Buys New Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

First City Capital Management Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 907 shares of the exchange traded fund’s stock, valued at approximately $485,000.

A number of other institutional investors have also modified their holdings of MDY. Granite Bay Wealth Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after acquiring an additional 2,080,665 shares in the last quarter. Pathstone Holdings LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $485,301,000. Scarborough Advisors LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 2,656.0% during the fourth quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock worth $154,137,000 after buying an additional 292,768 shares in the last quarter. Strategic Financial Concepts LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 41,522.2% during the second quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock valued at $127,169,000 after buying an additional 237,092 shares during the period. Finally, Global Assets Advisory LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $122,938,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.7 %

MDY stock opened at $566.52 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $574.11. The firm has a market cap of $22.39 billion, a P/E ratio of 15.70 and a beta of 1.09. The company’s 50-day simple moving average is $552.03 and its 200-day simple moving average is $543.23.

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.