Peterson Wealth Services Takes $3.62 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Peterson Wealth Services bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,347 shares of the exchange traded fund’s stock, valued at approximately $3,615,000. SPDR S&P MidCap 400 ETF Trust comprises 1.1% of Peterson Wealth Services’ investment portfolio, making the stock its 22nd largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock valued at $1,237,772,000 after acquiring an additional 2,169,344 shares during the period. Strategic Financial Concepts LLC increased its position in 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 valued at $214,932,000 after acquiring an additional 376,929 shares during the period. SG Americas Securities LLC increased its position in 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 valued at $151,355,000 after acquiring an additional 248,146 shares during the period. Arvest Bank Trust Division acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $137,029,000. Finally, Washburn Capital Management Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $35,872,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.1 %

Shares of MDY stock opened at $585.97 on Tuesday. The stock has a market capitalization of $23.16 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $501.24 and a 52-week high of $624.13. The stock’s 50-day moving average price is $587.15 and its 200 day moving average price is $574.91.

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.