Investment Research & Advisory Group Inc. cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 40.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 503 shares of the exchange traded fund’s stock after selling 344 shares during the quarter. Investment Research & Advisory Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $286,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of MDY. DiNuzzo Private Wealth Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth approximately $28,000. West Financial Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $28,000. Brooklyn Investment Group bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $36,000. Beaird Harris Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $67,000. Finally, Peterson Financial Group Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $68,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $597.49 on Friday. The firm has a 50 day simple moving average of $590.32 and a 200 day simple moving average of $571.86. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $495.53 and a fifty-two week high of $624.13. The firm has a market cap of $23.61 billion, a P/E ratio of 15.70 and a beta of 1.09.
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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