Brookstone Capital Management Acquires 16,200 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Brookstone Capital Management lifted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1,816.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,092 shares of the exchange traded fund’s stock after purchasing an additional 16,200 shares during the quarter. Brookstone Capital Management’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,735,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Crescent Sterling Ltd. increased its stake in SPDR S&P MidCap 400 ETF Trust by 3.8% during the fourth quarter. Crescent Sterling Ltd. now owns 4,123 shares of the exchange traded fund’s stock worth $2,348,000 after acquiring an additional 152 shares during the last quarter. EWG Elevate Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $1,863,000. RMR Wealth Builders boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.6% in the fourth quarter. RMR Wealth Builders now owns 14,250 shares of the exchange traded fund’s stock valued at $8,116,000 after purchasing an additional 224 shares during the period. Lowe Wealth Advisors LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.8% in the fourth quarter. Lowe Wealth Advisors LLC now owns 4,300 shares of the exchange traded fund’s stock valued at $2,449,000 after purchasing an additional 119 shares during the period. Finally, Heartwood Wealth Advisors LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.2% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 689 shares of the exchange traded fund’s stock valued at $392,000 after purchasing an additional 28 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $570.20 on Tuesday. The firm has a market capitalization of $22.53 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The stock has a 50 day moving average price of $591.05 and a 200 day moving average price of $568.61. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $487.66 and a 52-week high of $624.13.

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.