Nicollet Investment Management Inc. Purchases 7,214 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Nicollet Investment Management Inc. grew its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 584.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 8,448 shares of the exchange traded fund’s stock after acquiring an additional 7,214 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 1.6% of Nicollet Investment Management Inc.’s investment portfolio, making the stock its 19th biggest position. Nicollet Investment Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,097,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 177.8% in the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 32 shares in the last quarter. High Point Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $34,000. Thurston Springer Miller Herd & Titak Inc. grew its position in SPDR S&P MidCap 400 ETF Trust by 255.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 51 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $49,000. Finally, Albion Financial Group UT purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $52,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.4%

MDY opened at $671.84 on Thursday. The firm has a market cap of $26.40 billion, a P/E ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $547.05 and a 12 month high of $690.03. The stock has a 50-day moving average of $661.75 and a 200 day moving average of $638.20.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.