SPC Financial Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 619 shares of the exchange traded fund’s stock after purchasing an additional 19 shares during the quarter. SPC Financial Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $353,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Ruedi Wealth Management Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $26,000. Ridgewood Investments LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $25,000. Addison Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $27,000. Chris Bulman Inc bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $38,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
NYSEARCA:MDY opened at $583.78 on Friday. The company has a market cap of $23.07 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The stock’s fifty day moving average price is $559.59 and its two-hundred day moving average price is $546.86. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $585.50.
SPDR S&P MidCap 400 ETF Trust Company 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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