Gunpowder Capital Management LLC dba Oliver Wealth Management Buys New Shares in SPDR S&P MidCap 400 ETF Trust $MDY

Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,469 shares of the exchange traded fund’s stock, valued at approximately $886,000. SPDR S&P MidCap 400 ETF Trust accounts for about 0.7% of Gunpowder Capital Management LLC dba Oliver Wealth Management’s holdings, making the stock its 26th largest holding.

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

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $691.00 on Friday. The stock’s 50 day moving average is $671.01 and its 200 day moving average is $642.56. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $547.05 and a 12 month high of $704.12. The stock has a market cap 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.