Moment Partners LLC Buys New Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Moment Partners LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,123 shares of the exchange traded fund’s stock, valued at approximately $640,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Proficio Capital Partners LLC increased its stake in shares of 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 acquiring an additional 573,881 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $328,419,000. JPMorgan Chase & Co. increased its position in SPDR S&P MidCap 400 ETF Trust by 18.0% in the 4th quarter. JPMorgan Chase & Co. now owns 401,198 shares of the exchange traded fund’s stock valued at $228,514,000 after buying an additional 61,062 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after buying an additional 376,929 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in 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 in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.6 %

NYSEARCA MDY opened at $546.02 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $511.97 and a 52 week high of $624.13. The business has a 50 day moving average price of $569.29 and a 200-day moving average price of $576.42. The company has a market cap of $22.40 billion, a price-to-earnings ratio of 18.90 and a beta of 1.14.

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.