Sonata Capital Group Inc. Has $4.52 Million Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sonata Capital Group Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,929 shares of the exchange traded fund’s stock after purchasing an additional 346 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up 1.9% of Sonata Capital Group Inc.’s investment portfolio, making the stock its 15th largest holding. Sonata Capital Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,516,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of MDY. West Financial Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $28,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth approximately $28,000. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $32,000. Brooklyn Investment Group purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $36,000. Finally, Peterson Financial Group Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at approximately $68,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.5 %

MDY stock opened at $583.12 on Wednesday. The company has a 50 day moving average of $586.60 and a two-hundred day moving average of $575.15. The company has a market cap of $23.04 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $501.24 and a 12-month high of $624.13.

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.