SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) is Steph & Co.’s 9th Largest Position

Steph & Co. grew its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 50.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,877 shares of the exchange traded fund’s stock after acquiring an additional 3,300 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 2.5% of Steph & Co.’s investment portfolio, making the stock its 9th biggest holding. Steph & Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,011,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. West Branch Capital LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $25,000. Hazlett Burt & Watson Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 30 shares during the period. SRS Capital Advisors Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 242.1% during the 2nd quarter. SRS Capital Advisors Inc. now owns 65 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 46 shares in the last quarter. Authentikos Wealth Advisory LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at about $32,000. Finally, Bruce G. Allen Investments LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $44,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY traded down $4.38 during midday trading on Wednesday, hitting $517.25. 708,422 shares of the company traded hands, compared to its average volume of 958,875. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $558.34. The stock has a 50-day moving average price of $532.83 and a 200 day moving average price of $495.68. The firm has a market cap of $20.84 billion, a P/E ratio of 15.42 and a beta of 1.12.

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.