Capital Advantage Inc. Invests $3.60 Million in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Capital Advantage Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,327 shares of the exchange traded fund’s stock, valued at approximately $3,604,000.

A number of other hedge funds also recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $328,419,000. Proficio Capital Partners LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 8,245.4% in the 4th quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock valued at $330,835,000 after purchasing an additional 573,881 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after buying an additional 376,929 shares during the period. Kayne Anderson Rudnick Investment Management LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 246.8% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 378,239 shares of the exchange traded fund’s stock worth $215,390,000 after buying an additional 269,180 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock valued at $151,355,000 after buying an additional 248,146 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.2 %

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $534.96 on Tuesday. The business has a 50-day moving average price of $523.72 and a two-hundred day moving average price of $564.83. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13. The company has a market cap of $21.78 billion, a P/E ratio of 17.70 and a beta of 1.07.

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.