Key Financial Inc Purchases 296 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Key Financial Inc boosted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2,960.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 306 shares of the exchange traded fund’s stock after acquiring an additional 296 shares during the period. Key Financial Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $174,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. West Financial Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $28,000. New Wave Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $32,000. Brooklyn Investment Group bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $36,000. Peterson Financial Group Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $68,000. Finally, Newton One Investments LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $69,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $589.24 on Wednesday. The stock has a market capitalization of $23.29 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The business has a 50-day moving average of $583.90 and a 200-day moving average of $575.92. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $510.45 and a fifty-two week 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.