Boston Financial Mangement LLC Grows Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Boston Financial Mangement LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,512 shares of the exchange traded fund’s stock after buying an additional 332 shares during the quarter. Boston Financial Mangement LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,405,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the third quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after buying an additional 2,169,344 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after acquiring an additional 376,929 shares in the last quarter. SG Americas Securities LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the 4th 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. Arvest Bank Trust Division purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at approximately $137,029,000. Finally, Washburn Capital Management Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $35,872,000.

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

MDY opened at $586.02 on Thursday. The company has a market cap of $24.68 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13. The stock has a fifty day simple moving average of $583.64 and a two-hundred day simple moving average of $576.28. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $510.45 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.