SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Position Boosted by Money Concepts Capital Corp

Money Concepts Capital Corp increased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 179.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,435 shares of the exchange traded fund’s stock after purchasing an additional 2,848 shares during the quarter. Money Concepts Capital Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,526,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. West Financial Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $28,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $28,000. New Wave Wealth Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $32,000. Brooklyn Investment Group purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $36,000. Finally, Peterson Financial Group Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $68,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $593.04 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $498.41 and a 52 week high of $624.13. The firm has a market capitalization of $23.44 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The company has a 50 day moving average price of $588.65 and a 200 day moving average price of $574.15.

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.