WealthBridge Capital Management LLC Increases Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

WealthBridge Capital Management LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,443 shares of the exchange traded fund’s stock after acquiring an additional 188 shares during the period. WealthBridge Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,531,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MDY. West Financial Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $28,000. New Wave Wealth Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $32,000. Brooklyn Investment Group purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $36,000. Peterson Financial Group Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $68,000. Finally, Newton One Investments LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $69,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.5 %

NYSEARCA:MDY opened at $586.02 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $510.45 and a 52 week high of $624.13. The firm has a 50 day moving average of $583.64 and a 200 day moving average of $576.28. The stock has a market capitalization of $24.68 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13.

About SPDR S&P MidCap 400 ETF Trust

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.