Rialto Wealth Management LLC Makes New $836,000 Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Rialto Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,467 shares of the exchange traded fund’s stock, valued at approximately $836,000.

Several other large investors have also added to or reduced their stakes in MDY. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $328,419,000. Proficio Capital Partners LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 8,245.4% during the 4th quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock valued at $330,835,000 after acquiring an additional 573,881 shares during the period. Strategic Financial Concepts LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after acquiring an additional 376,929 shares during the period. SG Americas Securities LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the 4th quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock valued at $151,355,000 after acquiring an additional 248,146 shares during the last quarter. Finally, Arvest Bank Trust Division acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth $137,029,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY opened at $546.20 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $511.97 and a 1 year high of $624.13. The company has a market capitalization of $23.01 billion, a PE ratio of 19.87 and a beta of 1.13. The company has a fifty day moving average of $577.92 and a 200 day moving average of $577.81.

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.