Panoramic Capital Partners LLC Takes $758,000 Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Panoramic Capital Partners LLC bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,331 shares of the exchange traded fund’s stock, valued at approximately $758,000. SPDR S&P MidCap 400 ETF Trust makes up about 0.7% of Panoramic Capital Partners LLC’s investment portfolio, making the stock its 19th biggest position.

A number of other large investors have also recently added to or reduced their stakes in MDY. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $28,000. DiNuzzo Private Wealth Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth about $28,000. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $32,000. Brooklyn Investment Group acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $36,000. Finally, Peterson Financial Group Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $68,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $585.97 on Tuesday. The firm has a 50 day simple moving average of $587.15 and a 200 day simple moving average of $574.91. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $501.24 and a 52 week high of $624.13. The company has a market cap of $23.16 billion, a PE ratio of 15.70 and a beta of 1.09.

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.