Kiely Wealth Advisory Group Inc. Makes New Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Kiely Wealth Advisory Group Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 119 shares of the exchange traded fund’s stock, valued at approximately $64,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of MDY. Gryphon Financial Partners LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $396,000. TrinityPoint Wealth LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 8.4% in the fourth quarter. TrinityPoint Wealth LLC now owns 843 shares of the exchange traded fund’s stock worth $428,000 after acquiring an additional 65 shares in the last quarter. Orion Portfolio Solutions LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 29.8% during the fourth quarter. Orion Portfolio Solutions LLC now owns 1,346 shares of the exchange traded fund’s stock worth $675,000 after acquiring an additional 309 shares during the last quarter. HCR Wealth Advisors purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $455,000. Finally, Congress Wealth Management LLC DE increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 219.4% during the 4th quarter. Congress Wealth Management LLC DE now owns 3,548 shares of the exchange traded fund’s stock valued at $1,801,000 after purchasing an additional 2,437 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.7 %

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

SPDR S&P MidCap 400 ETF Trust Company 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.