Polaris Financial Partners Purchases 2,006 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Polaris Financial Partners purchased a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,006 shares of the exchange traded fund’s stock, valued at approximately $1,317,000. SPDR S&P MidCap 400 ETF Trust comprises about 0.6% of Polaris Financial Partners’ portfolio, making the stock its 28th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in MDY. CX Institutional lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 8.2% in the 3rd quarter. CX Institutional now owns 2,472 shares of the exchange traded fund’s stock valued at $1,624,000 after purchasing an additional 187 shares in the last quarter. Versant Capital Management Inc raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 250.0% in the third quarter. Versant Capital Management Inc now owns 126 shares of the exchange traded fund’s stock valued at $83,000 after buying an additional 90 shares during the last quarter. QRG Capital Management Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 8.2% in the second quarter. QRG Capital Management Inc. now owns 1,970 shares of the exchange traded fund’s stock valued at $1,386,000 after buying an additional 149 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 31.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 5,138 shares of the exchange traded fund’s stock valued at $3,613,000 after buying an additional 1,223 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 11.4% during the second quarter. Envestnet Asset Management Inc. now owns 89,737 shares of the exchange traded fund’s stock valued at $63,115,000 after buying an additional 9,210 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY traded up $6.28 during mid-day trading on Friday, reaching $669.66. 1,114,152 shares of the stock were exchanged, compared to its average volume of 852,188. The stock has a market capitalization of $25.81 billion, a PE ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $568.21 and a 1-year high of $717.35. The business’s fifty day simple moving average is $687.21 and its 200 day simple moving average is $673.41.

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