Northeast Investment Management Acquires New Shares in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Northeast Investment Management acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 3rd quarter, Holdings Channel reports. The firm acquired 372 shares of the exchange traded fund’s stock, valued at approximately $212,000.

Several other hedge funds have also recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in SPDR S&P MidCap 400 ETF Trust by 1.2% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after purchasing an additional 18 shares in the last quarter. Asset Management Group Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 0.4% during the 2nd quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock valued at $2,603,000 after buying an additional 19 shares during the last quarter. SPC Financial Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 3.2% during the 3rd quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock valued at $353,000 after buying an additional 19 shares during the last quarter. Pacific Sun Financial Corp grew its holdings in SPDR S&P MidCap 400 ETF Trust by 1.8% during the 2nd quarter. Pacific Sun Financial Corp now owns 1,140 shares of the exchange traded fund’s stock valued at $610,000 after buying an additional 20 shares during the last quarter. Finally, Bristlecone Advisors LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 0.3% during the 2nd quarter. Bristlecone Advisors LLC now owns 6,374 shares of the exchange traded fund’s stock valued at $3,410,000 after buying an additional 20 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $568.45 on Tuesday. The business’s fifty day moving average price is $564.92 and its two-hundred day moving average price is $549.97. The stock has a market cap of $22.47 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $439.81 and a one year high of $585.50.

About SPDR S&P MidCap 400 ETF Trust

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.