Pure Financial Advisors LLC Acquires 953 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Pure Financial Advisors LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 170.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,512 shares of the exchange traded fund’s stock after purchasing an additional 953 shares during the quarter. Pure Financial Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $912,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Sound Income Strategies LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 177.8% during the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 32 shares during the last quarter. High Point Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $34,000. EFG International AG acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $40,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 255.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 51 shares during the last quarter. Finally, Acumen Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $48,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $691.00 on Friday. The company’s 50 day moving average is $671.01 and its 200-day moving average is $642.56. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $547.05 and a 12 month high of $704.12. The firm has a market cap of $27.15 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.