Elios Financial Group Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 710 shares of the exchange traded fund’s stock, valued at approximately $404,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MDY. International Assets Investment Management LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after purchasing an additional 2,169,344 shares during the period. Granite Bay Wealth Management LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after buying an additional 2,080,665 shares during the period. US Bancorp DE raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% in the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after buying an additional 11,719 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after buying an additional 5,825 shares in the last quarter. Finally, Bank of Montreal Can grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.5% during the 2nd quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock valued at $269,741,000 after acquiring an additional 17,125 shares during the period.
SPDR S&P MidCap 400 ETF Trust Trading Up 1.5 %
SPDR S&P MidCap 400 ETF Trust stock opened at $620.12 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $463.89 and a 12-month high of $624.13. The firm has a market capitalization of $24.51 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm has a 50 day moving average of $578.62 and a 200 day moving average of $556.89.
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.
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