Yousif Capital Management LLC Raises Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Yousif Capital Management LLC increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 150.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,227 shares of the exchange traded fund’s stock after purchasing an additional 10,348 shares during the quarter. Yousif Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,812,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. West Financial Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $28,000. DiNuzzo Private Wealth Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at about $28,000. New Wave Wealth Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $32,000. Brooklyn Investment Group purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $36,000. Finally, Peterson Financial Group Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $68,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $593.04 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $498.41 and a 1-year high of $624.13. The stock has a market cap of $23.44 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm has a 50 day simple moving average of $588.65 and a 200-day simple moving average of $574.15.

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.