Financial Life Planners Acquires New Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Financial Life Planners bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,337 shares of the exchange traded fund’s stock, valued at approximately $3,044,000. SPDR S&P MidCap 400 ETF Trust makes up about 2.6% of Financial Life Planners’ holdings, making the stock its 8th biggest holding.

A number of other institutional investors also recently modified their holdings of the stock. DiNuzzo Private Wealth Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $28,000. West Financial Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $28,000. New Wave Wealth Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $32,000. Brooklyn Investment Group bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $36,000. Finally, Peterson Financial Group Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter worth approximately $68,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.0 %

NYSEARCA MDY opened at $590.68 on Monday. The stock has a market capitalization of $23.34 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 $495.53 and a 12-month high of $624.13. The company has a 50 day moving average price of $589.96 and a two-hundred day moving average price of $573.68.

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.