Focus Partners Wealth grew its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 102.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,367 shares of the exchange traded fund’s stock after purchasing an additional 43,176 shares during the period. Focus Partners Wealth’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $51,202,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $328,419,000. Proficio Capital Partners LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 8,245.4% during the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock valued at $330,835,000 after acquiring an additional 573,881 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after purchasing an additional 376,929 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position 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 in the last quarter. Finally, SG Americas Securities LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the 4th quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after buying an additional 248,146 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
NYSEARCA:MDY opened at $538.59 on Friday. The company has a market capitalization of $21.93 billion, a price-to-earnings ratio of 17.70 and a beta of 1.07. The business has a 50 day moving average of $522.10 and a 200 day moving average of $563.83. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13.
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.
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