3,207 Shares in SPDR S&P MidCap 400 ETF Trust $MDY Purchased by Gambit Capital Management LLC

Gambit Capital Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,207 shares of the exchange traded fund’s stock, valued at approximately $1,935,000. SPDR S&P MidCap 400 ETF Trust makes up about 1.4% of Gambit Capital Management LLC’s investment portfolio, making the stock its 16th biggest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of MDY. Entrust Financial LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $271,000. Sherry Group Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $207,000. Intrua Financial LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $1,792,000. CDM Financial Counseling Services Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $707,000. Finally, TD Private Client Wealth LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 72.6% in the 4th quarter. TD Private Client Wealth LLC now owns 6,383 shares of the exchange traded fund’s stock valued at $3,851,000 after acquiring an additional 2,684 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.1%

MDY stock opened at $658.38 on Tuesday. The stock’s 50 day simple moving average is $641.34 and its 200 day simple moving average is $627.68. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $537.75 and a 12-month high of $685.50. The firm has a market cap of $25.87 billion, a P/E ratio of 18.98 and a beta of 1.02.

SPDR S&P MidCap 400 ETF Trust 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.