Synergy Investment Management LLC Purchases Shares of 77 SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Synergy Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 77 shares of the exchange traded fund’s stock, valued at approximately $44,000.

Other hedge funds have also bought and sold shares of the company. GenTrust LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the third quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock worth $1,927,000 after acquiring an additional 18 shares during the period. Hohimer Wealth Management LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% in the third quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock worth $684,000 after acquiring an additional 18 shares during the period. WP Advisors LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% in the fourth quarter. WP Advisors LLC now owns 694 shares of the exchange traded fund’s stock worth $395,000 after acquiring an additional 18 shares during the period. Rothschild Investment LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 20.0% in the fourth quarter. Rothschild Investment LLC now owns 120 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 20 shares during the period. Finally, Mutual Advisors LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% in the fourth quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock worth $2,211,000 after acquiring an additional 21 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $551.08 on Thursday. The firm has a market cap of $23.21 billion, a PE ratio of 19.87 and a beta of 1.13. The firm’s fifty day moving average is $579.15 and its 200 day moving average is $578.13. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year high of $624.13.

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.