LCM Capital Management Inc Has $24.41 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

LCM Capital Management Inc lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 42,861 shares of the exchange traded fund’s stock after selling 295 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 13.8% of LCM Capital Management Inc’s investment portfolio, making the stock its largest holding. LCM Capital Management Inc owned approximately 0.11% of SPDR S&P MidCap 400 ETF Trust worth $24,413,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. PFG Investments LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 17.3% in the 4th quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 113 shares during the period. Flagstar Advisors Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% in the third quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock worth $3,256,000 after buying an additional 152 shares in the last quarter. Signaturefd LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 884.1% during the third quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock valued at $353,000 after buying an additional 557 shares during the period. Inspire Trust Co. N.A. grew its position in SPDR S&P MidCap 400 ETF Trust by 19.1% during the third quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after buying an additional 1,900 shares in the last quarter. Finally, Frisch Financial Group Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 7.4% in the 3rd quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock worth $1,216,000 after acquiring an additional 146 shares during the last quarter.

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 company has a market capitalization of $23.44 billion, a P/E ratio of 15.70 and a beta of 1.09. The firm’s 50 day simple moving average is $588.65 and its 200 day simple moving average is $574.15.

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.