Equitable Trust Co. bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,560 shares of the exchange traded fund’s stock, valued at approximately $1,458,000.
Other hedge funds have also modified their holdings of the company. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $28,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $28,000. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $32,000. Brooklyn Investment Group acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $36,000. Finally, Peterson Financial Group Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $68,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.1 %
Shares of NYSEARCA MDY opened at $585.97 on Tuesday. The firm has a 50-day simple moving average of $587.15 and a 200-day simple moving average of $574.91. The stock has a market capitalization of $23.16 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $501.24 and a 52 week high of $624.13.
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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