Steele Capital Management Inc. Has $18.12 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Steele Capital Management Inc. trimmed its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,876 shares of the exchange traded fund’s stock after selling 126 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up approximately 0.9% of Steele Capital Management Inc.’s investment portfolio, making the stock its 26th largest position. Steele Capital Management Inc. owned about 0.08% of SPDR S&P MidCap 400 ETF Trust worth $18,116,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. RMR Wealth Builders lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% in the first quarter. RMR Wealth Builders now owns 14,363 shares of the exchange traded fund’s stock worth $7,662,000 after acquiring an additional 113 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 15.2% in the first quarter. NorthCrest Asset Manangement LLC now owns 7,269 shares of the exchange traded fund’s stock worth $3,878,000 after acquiring an additional 957 shares during the last quarter. May Barnhard Investments LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $287,000. Zhang Financial LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% in the first quarter. Zhang Financial LLC now owns 2,379 shares of the exchange traded fund’s stock worth $1,269,000 after acquiring an additional 155 shares during the last quarter. Finally, Integrated Advisors Network LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.7% in the first quarter. Integrated Advisors Network LLC now owns 3,396 shares of the exchange traded fund’s stock worth $1,812,000 after acquiring an additional 22 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $550.57 on Friday. The company has a 50 day simple moving average of $533.85 and a 200 day simple moving average of $558.06. The firm has a market cap of $22.13 billion, a PE ratio of 18.14 and a beta of 1.07. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13.

About SPDR S&P MidCap 400 ETF Trust

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.