35,878 Shares in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Bought by Steele Capital Management Inc.

Steele Capital Management Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 35,878 shares of the exchange traded fund’s stock, valued at approximately $18,204,000. SPDR S&P MidCap 400 ETF Trust makes up about 1.2% of Steele Capital Management Inc.’s holdings, making the stock its 22nd biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MDY. Osborne Partners Capital Management LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% in the 4th quarter. Osborne Partners Capital Management LLC now owns 2,292 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 20 shares during the last quarter. CX Institutional grew its position in SPDR S&P MidCap 400 ETF Trust by 0.8% in the 4th quarter. CX Institutional now owns 2,493 shares of the exchange traded fund’s stock valued at $1,265,000 after buying an additional 21 shares in the last quarter. Warner Financial Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% during the 4th quarter. Warner Financial Inc. now owns 2,182 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 21 shares during the period. MGO One Seven LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 1.2% in the third quarter. MGO One Seven LLC now owns 1,930 shares of the exchange traded fund’s stock worth $881,000 after acquiring an additional 23 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 2.3% during the third quarter. Orion Portfolio Solutions LLC now owns 1,037 shares of the exchange traded fund’s stock worth $474,000 after buying an additional 23 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY traded up $3.00 during trading on Monday, reaching $532.38. The company had a trading volume of 444,275 shares, compared to its average volume of 941,970. The firm’s 50-day simple moving average is $534.69 and its 200 day simple moving average is $499.87. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $558.34. The company has a market cap of $21.66 billion, a price-to-earnings ratio of 15.15 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Company 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.