Axxcess Wealth Management LLC Acquires 251 Shares of SPDR S&P MIDCAP 400 ETF Trust (NYSEARCA:MDY)

Axxcess Wealth Management LLC grew its holdings in SPDR S&P MIDCAP 400 ETF Trust (NYSEARCA:MDY) by 14.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,959 shares of the exchange traded fund’s stock after purchasing an additional 251 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR S&P MIDCAP 400 ETF Trust were worth $994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. West Branch Capital LLC acquired a new position in shares of SPDR S&P MIDCAP 400 ETF Trust during the fourth quarter valued at about $25,000. Hazlett Burt & Watson Inc. raised its stake in SPDR S&P MIDCAP 400 ETF Trust by 111.1% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares during the period. Authentikos Wealth Advisory LLC bought a new position in SPDR S&P MIDCAP 400 ETF Trust in the third quarter worth approximately $32,000. Bruce G. Allen Investments LLC acquired a new stake in SPDR S&P MIDCAP 400 ETF Trust in the fourth quarter valued at approximately $44,000. Finally, Anchor Investment Management LLC bought a new stake in shares of SPDR S&P MIDCAP 400 ETF Trust during the fourth quarter valued at approximately $51,000.

SPDR S&P MIDCAP 400 ETF Trust Stock Up 1.4 %

Shares of NYSEARCA:MDY opened at $542.79 on Tuesday. SPDR S&P MIDCAP 400 ETF Trust has a twelve month low of $424.22 and a twelve month high of $558.34. The stock’s 50 day moving average is $536.26 and its 200-day moving average is $503.31. The firm has a market capitalization of $22.09 billion, a price-to-earnings ratio of 15.15 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.