McLaughlin Asset Management Inc. Buys New Position in SPDR S&P MidCap 400 ETF Trust $MDY

McLaughlin Asset Management Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,535 shares of the exchange traded fund’s stock, valued at approximately $2,133,000. SPDR S&P MidCap 400 ETF Trust makes up 1.9% of McLaughlin Asset Management Inc.’s portfolio, making the stock its 14th largest holding.

A number of other large investors have also recently bought and sold shares of MDY. Sound Income Strategies LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 177.8% during the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 32 shares in the last quarter. High Point Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $34,000. EFG International AG acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $40,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 51 shares during the last quarter. Finally, Acumen Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $48,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $691.00 on Friday. The business’s 50-day simple moving average is $670.06 and its 200 day simple moving average is $642.22. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $547.05 and a 52-week high of $704.12. The firm has a market capitalization of $27.15 billion, a PE ratio of 18.98 and a beta of 1.01.

SPDR S&P MidCap 400 ETF Trust Company 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.