Benchmark Financial Wealth Advisors LLC Grows Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Benchmark Financial Wealth Advisors LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,053 shares of the exchange traded fund’s stock after purchasing an additional 187 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 1.5% of Benchmark Financial Wealth Advisors LLC’s portfolio, making the stock its 16th largest position. Benchmark Financial Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,588,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of MDY. Ridgewood Investments LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $25,000. Ruedi Wealth Management Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $26,000. Addison Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $27,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $28,000. Finally, Chris Bulman Inc acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $30,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.4 %

Shares of NYSEARCA:MDY opened at $576.69 on Wednesday. The company has a fifty day simple moving average of $565.21 and a 200 day simple moving average of $550.39. The firm has a market cap of $22.79 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $439.81 and a 12-month high of $585.50.

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.