Garden State Investment Advisory Services LLC Has $1.56 Million Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Garden State Investment Advisory Services LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 76.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,903 shares of the exchange traded fund’s stock after buying an additional 1,262 shares during the period. Garden State Investment Advisory Services LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,556,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Ridgewood Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $25,000. Ruedi Wealth Management Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter worth $26,000. Addison Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $27,000. Chris Bulman Inc acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $38,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $566.52 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $574.11. The stock has a market capitalization of $22.39 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock has a fifty day moving average of $552.03 and a 200-day moving average of $543.17.

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.