Jacksonville Wealth Management LLC Takes Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Jacksonville Wealth Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 1,208 shares of the exchange traded fund’s stock, valued at approximately $688,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Toth Financial Advisory Corp boosted its position in SPDR S&P MidCap 400 ETF Trust by 156.2% during the 4th quarter. Toth Financial Advisory Corp now owns 561 shares of the exchange traded fund’s stock valued at $320,000 after acquiring an additional 342 shares in the last quarter. Cyndeo Wealth Partners LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 49.8% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 4,827 shares of the exchange traded fund’s stock worth $2,749,000 after purchasing an additional 1,605 shares during the last quarter. Midwest Financial Group LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% in the fourth quarter. Midwest Financial Group LLC now owns 7,260 shares of the exchange traded fund’s stock valued at $4,135,000 after purchasing an additional 27 shares during the last quarter. RFG Advisory LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 37.3% in the fourth quarter. RFG Advisory LLC now owns 4,156 shares of the exchange traded fund’s stock valued at $2,367,000 after purchasing an additional 1,129 shares during the last quarter. Finally, Brighton Jones LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 12.6% in the fourth quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock worth $1,162,000 after purchasing an additional 228 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $597.49 on Friday. The company’s 50-day simple moving average is $590.32 and its 200-day simple moving average is $571.86. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $495.53 and a fifty-two week high of $624.13. The stock has a market capitalization of $23.61 billion, a P/E ratio of 15.70 and a beta of 1.09.

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.