Coordinated Financial Services Inc. Takes Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Coordinated Financial Services Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 560 shares of the exchange traded fund’s stock, valued at approximately $319,000.

Other hedge funds have also modified their holdings of the company. PNC Financial Services Group Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after buying an additional 5,825 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 8,245.4% in the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after buying an additional 573,881 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $328,419,000. Strategic Financial Concepts LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after buying an additional 376,929 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.9% in the third quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock worth $193,762,000 after buying an additional 19,030 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.7 %

Shares of MDY opened at $546.20 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $511.97 and a 52 week high of $624.13. The company has a market capitalization of $23.01 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13. The stock’s 50-day moving average price is $577.92 and its 200-day moving average price is $578.00.

SPDR S&P MidCap 400 ETF Trust 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.