Nicollet Investment Management Inc. Acquires 7,214 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Nicollet Investment Management Inc. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 584.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,448 shares of the exchange traded fund’s stock after acquiring an additional 7,214 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up about 1.6% of Nicollet Investment Management Inc.’s investment portfolio, making the stock its 19th biggest position. Nicollet Investment Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,097,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Moors & Cabot Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 1.0% during the fourth quarter. Moors & Cabot Inc. now owns 1,542 shares of the exchange traded fund’s stock valued at $930,000 after acquiring an additional 16 shares during the period. Lewis Asset Management LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the fourth quarter. Lewis Asset Management LLC now owns 3,681 shares of the exchange traded fund’s stock worth $2,220,000 after purchasing an additional 18 shares during the last quarter. PFG Investments LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.5% in the fourth quarter. PFG Investments LLC now owns 741 shares of the exchange traded fund’s stock worth $447,000 after purchasing an additional 18 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the fourth quarter. TD Waterhouse Canada Inc. now owns 4,965 shares of the exchange traded fund’s stock worth $2,995,000 after purchasing an additional 18 shares during the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.8% in the third quarter. Larson Financial Group LLC now owns 657 shares of the exchange traded fund’s stock worth $392,000 after purchasing an additional 18 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $671.84 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $547.05 and a 1 year high of $690.03. The stock’s 50 day simple moving average is $661.75 and its two-hundred day simple moving average is $638.20. The company has a market cap of $26.40 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.