Steele Capital Management Inc. Takes Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Steele Capital Management Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 35,878 shares of the exchange traded fund’s stock, valued at approximately $18,204,000. SPDR S&P MidCap 400 ETF Trust comprises about 1.2% of Steele Capital Management Inc.’s investment portfolio, making the stock its 22nd largest holding. Steele Capital Management Inc. owned approximately 0.09% of SPDR S&P MidCap 400 ETF Trust as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. West Branch Capital LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares during the period. Authentikos Wealth Advisory LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $32,000. Bruce G. Allen Investments LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $44,000. Finally, FinTrust Capital Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth $46,000.

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

Shares of NYSEARCA:MDY traded up $3.00 during trading on Monday, reaching $532.38. 444,275 shares of the company’s stock traded hands, compared to its average volume of 941,970. The firm has a market cap of $21.66 billion, a PE ratio of 15.15 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $558.34. The company has a 50-day simple moving average of $534.69 and a 200-day simple moving average of $499.87.

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.