Financial Council LLC Increases Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Financial Council LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 14.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 539 shares of the exchange traded fund’s stock after purchasing an additional 66 shares during the quarter. Financial Council LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $307,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Proficio Capital Partners LLC grew its stake in 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 buying an additional 573,881 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after acquiring an additional 376,929 shares during the period. SG Americas Securities LLC boosted its holdings in shares of 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 worth $151,355,000 after acquiring an additional 248,146 shares during the period. Arvest Bank Trust Division purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $137,029,000. Finally, Washburn Capital Management Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $35,872,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $565.80 on Monday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $511.97 and a 52-week high of $624.13. The stock’s 50-day simple moving average is $580.64 and its 200 day simple moving average is $578.34. The stock has a market capitalization of $23.83 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13.

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.