Eagle Global Advisors LLC Buys 120 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Eagle Global Advisors LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 14.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 945 shares of the exchange traded fund’s stock after acquiring an additional 120 shares during the quarter. Eagle Global Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $538,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MDY. Raymond James Financial Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $328,419,000. Proficio Capital Partners LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 8,245.4% during the 4th quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock valued at $330,835,000 after buying an additional 573,881 shares in the last quarter. Strategic Financial Concepts LLC grew 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 buying an additional 376,929 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 246.8% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 378,239 shares of the exchange traded fund’s stock worth $215,390,000 after acquiring an additional 269,180 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 1,411.1% during 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.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $532.64 on Thursday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13. The firm’s 50-day simple moving average is $522.49 and its two-hundred day simple moving average is $564.38. The stock has a market cap of $21.69 billion, a PE ratio of 17.70 and a beta of 1.07.

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.