Stanich Group LLC Invests $747,000 in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Stanich Group LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,311 shares of the exchange traded fund’s stock, valued at approximately $747,000. SPDR S&P MidCap 400 ETF Trust comprises approximately 0.6% of Stanich Group LLC’s investment portfolio, making the stock its 24th largest holding.

Several other hedge funds also recently made changes to their positions in the business. Csenge Advisory Group grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.6% in the 4th quarter. Csenge Advisory Group now owns 14,478 shares of the exchange traded fund’s stock worth $8,246,000 after purchasing an additional 235 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 89.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 802 shares of the exchange traded fund’s stock worth $457,000 after acquiring an additional 379 shares in the last quarter. Principal Securities Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.5% in the fourth quarter. Principal Securities Inc. now owns 613 shares of the exchange traded fund’s stock worth $349,000 after acquiring an additional 43 shares in the last quarter. Congress Asset Management Co. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 214.3% in the fourth quarter. Congress Asset Management Co. now owns 1,521 shares of the exchange traded fund’s stock worth $866,000 after acquiring an additional 1,037 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 23.1% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 459 shares of the exchange traded fund’s stock worth $261,000 after acquiring an additional 86 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $583.99 on Friday. The firm’s 50 day simple moving average is $584.34 and its 200-day simple moving average is $575.55. The company has a market cap of $23.08 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $510.45 and a fifty-two week 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.