ARK & TLK Investments LLC Acquires New Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

ARK & TLK Investments LLC acquired 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 disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,499 shares of the exchange traded fund’s stock, valued at approximately $1,268,000.

Other hedge funds also recently bought and sold shares of the company. West Branch Capital LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 111.1% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares during the last quarter. Bruce G. Allen Investments LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $44,000. Anchor Investment Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $51,000. Finally, Security National Bank bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $51,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock traded down $6.76 during mid-day trading on Friday, hitting $530.35. 938,136 shares of the company traded hands, compared to its average volume of 895,396. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $558.34. The stock has a market cap of $20.96 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The stock has a fifty day moving average price of $537.50 and a 200-day moving average price of $522.00.

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.