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

Sonata Capital Group Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 7,929 shares of the exchange traded fund’s stock after acquiring an additional 346 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up about 1.9% of Sonata Capital Group Inc.’s investment portfolio, making the stock its 15th largest position. Sonata Capital Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,516,000 at the end of the most recent reporting period.

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

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock opened at $583.12 on Wednesday. The company has a market capitalization of $23.04 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The stock’s 50 day simple moving average is $586.60 and its 200 day simple moving average is $575.15. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $501.24 and a twelve 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.