Pinnacle Wealth Planning Services Inc. Takes $308,000 Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Pinnacle Wealth Planning Services Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 541 shares of the exchange traded fund’s stock, valued at approximately $308,000.

Several other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $328,419,000. Granite FO LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 1.6% during the 4th quarter. Granite FO LLC now owns 14,986 shares of the exchange traded fund’s stock valued at $8,536,000 after buying an additional 230 shares during the period. Cullen Frost Bankers Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 4.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 901 shares of the exchange traded fund’s stock valued at $513,000 after buying an additional 38 shares during the period. Atria Investments Inc boosted its position in SPDR S&P MidCap 400 ETF Trust by 264.1% during the 4th quarter. Atria Investments Inc now owns 6,022 shares of the exchange traded fund’s stock valued at $3,430,000 after buying an additional 4,368 shares during the period. Finally, Assetmark Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 112.0% during the 4th quarter. Assetmark Inc. now owns 195 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 103 shares during the period.

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

Shares of NYSEARCA MDY opened at $546.20 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13. The firm has a market capitalization of $23.01 billion, a PE ratio of 19.87 and a beta of 1.13. The firm has a fifty day simple moving average of $577.92 and a two-hundred day simple moving average of $577.81.

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.