Carlton Hofferkamp & Jenks Wealth Management LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.3% in the first quarter, Holdings Channel reports. The institutional investor owned 6,664 shares of the exchange traded fund’s stock after buying an additional 151 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 1.5% of Carlton Hofferkamp & Jenks Wealth Management LLC’s portfolio, making the stock its 13th biggest holding. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,354,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. ProVise Management Group LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 2.4% in the fourth quarter. ProVise Management Group LLC now owns 1,052 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 25 shares during the period. Congress Asset Management Co. MA grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.4% during the fourth quarter. Congress Asset Management Co. MA now owns 1,063 shares of the exchange traded fund’s stock worth $446,000 after purchasing an additional 25 shares during the last quarter. Fulton Breakefield Broenniman LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.6% during the first quarter. Fulton Breakefield Broenniman LLC now owns 745 shares of the exchange traded fund’s stock worth $354,000 after purchasing an additional 26 shares during the last quarter. Contravisory Investment Management Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 13.1% during the first quarter. Contravisory Investment Management Inc. now owns 251 shares of the exchange traded fund’s stock worth $120,000 after purchasing an additional 29 shares during the last quarter. Finally, John W. Brooker & Co. CPAs grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.1% during the fourth quarter. John W. Brooker & Co. CPAs now owns 781 shares of the exchange traded fund’s stock worth $328,000 after purchasing an additional 31 shares during the last quarter.

Shares of MDY stock traded down $4.80 during trading hours on Tuesday, hitting $494.74. 78,993 shares of the company’s stock were exchanged, compared to its average volume of 905,033. The stock’s 50-day moving average is $486.00 and its 200-day moving average is $436.12. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $271.91 and a 52 week high of $507.63.

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.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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