Aspen Investment Management Inc Grows Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Aspen Investment Management Inc raised its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 28.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,945 shares of the exchange traded fund’s stock after acquiring an additional 659 shares during the period. Aspen Investment Management Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,677,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after acquiring an additional 18 shares during the last quarter. GenTrust LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock valued at $1,927,000 after purchasing an additional 18 shares during the period. Hohimer Wealth Management LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 1.5% in the 3rd quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 18 shares during the period. Mutual Advisors LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% during the 4th quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock valued at $2,211,000 after purchasing an additional 21 shares during the last quarter. Finally, Highview Capital Management LLC DE raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% during the 3rd quarter. Highview Capital Management LLC DE now owns 8,133 shares of the exchange traded fund’s stock worth $4,633,000 after purchasing an additional 22 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $580.29 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $510.54 and a fifty-two week high of $624.13. The firm has a 50-day moving average of $583.25 and a 200 day moving average of $576.35. The firm has a market cap of $24.44 billion, a P/E ratio of 19.87 and a beta of 1.13.

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.