LCM Capital Management Inc Has $20.98 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

LCM Capital Management Inc increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,342 shares of the exchange traded fund’s stock after acquiring an additional 496 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 15.2% of LCM Capital Management Inc’s holdings, making the stock its largest holding. LCM Capital Management Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $20,976,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of MDY. Granite Bay Wealth Management LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.3% in the 4th quarter. Granite Bay Wealth Management LLC now owns 2,570,040 shares of the exchange traded fund’s stock worth $1,192,724,000 after acquiring an additional 33,187 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 47,016.7% in the 4th quarter. International Assets Investment Management LLC now owns 1,505,851 shares of the exchange traded fund’s stock worth $764,039,000 after buying an additional 1,502,655 shares during the last quarter. Pathstone Family Office LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 50,563.5% during the 3rd quarter. Pathstone Family Office LLC now owns 963,113 shares of the exchange traded fund’s stock valued at $439,796,000 after purchasing an additional 961,212 shares during the last quarter. Raymond James & Associates boosted its stake in SPDR S&P MidCap 400 ETF Trust by 9.8% during the 4th quarter. Raymond James & Associates now owns 399,875 shares of the exchange traded fund’s stock valued at $202,889,000 after purchasing an additional 35,734 shares during the last quarter. Finally, Conservest Capital Advisors Inc. boosted its stake in SPDR S&P MidCap 400 ETF Trust by 0.6% during the 3rd quarter. Conservest Capital Advisors Inc. now owns 254,922 shares of the exchange traded fund’s stock valued at $116,408,000 after purchasing an additional 1,478 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock traded down $9.52 on Tuesday, reaching $522.76. The stock had a trading volume of 801,842 shares, compared to its average volume of 940,658. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $558.34. The company has a 50 day simple moving average of $535.20 and a 200 day simple moving average of $501.00. The stock has a market cap of $21.27 billion, a P/E ratio of 15.15 and a beta of 1.09.

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.