Strategic Financial Concepts LLC Acquires 376,929 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Strategic Financial Concepts LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 89,108.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 377,352 shares of the exchange traded fund’s stock after purchasing an additional 376,929 shares during the quarter. Strategic Financial Concepts LLC owned about 0.95% of SPDR S&P MidCap 400 ETF Trust worth $214,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of MDY. Benchmark Financial Wealth Advisors LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 4.8% during the 4th quarter. Benchmark Financial Wealth Advisors LLC now owns 8,437 shares of the exchange traded fund’s stock valued at $4,806,000 after acquiring an additional 384 shares in the last quarter. Money Concepts Capital Corp grew its position in SPDR S&P MidCap 400 ETF Trust by 179.5% in the 4th quarter. Money Concepts Capital Corp now owns 4,435 shares of the exchange traded fund’s stock worth $2,526,000 after purchasing an additional 2,848 shares in the last quarter. Berkshire Money Management Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $800,000. Stratos Wealth Advisors LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.5% during the 4th quarter. Stratos Wealth Advisors LLC now owns 2,475 shares of the exchange traded fund’s stock worth $1,410,000 after buying an additional 61 shares in the last quarter. Finally, Yousif Capital Management LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 150.4% in the 4th quarter. Yousif Capital Management LLC now owns 17,227 shares of the exchange traded fund’s stock worth $9,812,000 after buying an additional 10,348 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $592.76 on Friday. The firm has a market cap of $23.43 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $500.24 and a 1 year high of $624.13. The stock has a fifty day moving average price of $588.21 and a 200-day moving average price of $574.28.

About SPDR S&P MidCap 400 ETF Trust

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.