B. Riley Financial Inc. Acquires New Stake in SPDR S&P MidCap 400 ETF (MDY)

B. Riley Financial Inc. acquired a new position in SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,293 shares of the exchange traded fund’s stock, valued at approximately $1,075,000.

A number of other large investors have also added to or reduced their stakes in MDY. Victory Capital Management Inc. raised its position in SPDR S&P MidCap 400 ETF by 127.2% in the second quarter. Victory Capital Management Inc. now owns 362,522 shares of the exchange traded fund’s stock worth $115,144,000 after acquiring an additional 202,951 shares in the last quarter. Captrust Financial Advisors raised its position in SPDR S&P MidCap 400 ETF by 106.1% in the third quarter. Captrust Financial Advisors now owns 219,166 shares of the exchange traded fund’s stock worth $71,520,000 after acquiring an additional 112,817 shares in the last quarter. Sage Advisory Services Ltd.Co. raised its position in SPDR S&P MidCap 400 ETF by 112.2% in the second quarter. Sage Advisory Services Ltd.Co. now owns 191,068 shares of the exchange traded fund’s stock worth $60,695,000 after acquiring an additional 101,035 shares in the last quarter. BDO Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF in the second quarter worth $19,602,000. Finally, Welch & Forbes LLC raised its position in SPDR S&P MidCap 400 ETF by 75.5% in the third quarter. Welch & Forbes LLC now owns 125,917 shares of the exchange traded fund’s stock worth $41,090,000 after acquiring an additional 54,166 shares in the last quarter.

SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) traded down $0.87 during trading hours on Wednesday, reaching $341.37. The company’s stock had a trading volume of 1,302,500 shares, compared to its average volume of 1,135,873. SPDR S&P MidCap 400 ETF has a 1 year low of $298.98 and a 1 year high of $349.16.

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About SPDR S&P MidCap 400 ETF

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.

Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF (NYSEARCA:MDY)

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