Midwest Financial Group LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 7,260 shares of the exchange traded fund’s stock after acquiring an additional 27 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 2.4% of Midwest Financial Group LLC’s holdings, making the stock its 13th largest position. Midwest Financial Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,135,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of MDY. DiNuzzo Private Wealth Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $28,000. West Financial Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $28,000. Brooklyn Investment Group bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $36,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $67,000. Finally, Peterson Financial Group Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter worth $68,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA MDY opened at $596.94 on Friday. The business’s 50-day simple moving average is $589.97 and its 200-day simple moving average is $571.21. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $495.53 and a 52 week high of $624.13. The firm has a market cap of $23.59 billion, a price-to-earnings 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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