Peterson Wealth Services bought a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund bought 6,347 shares of the exchange traded fund’s stock, valued at approximately $3,615,000. SPDR S&P MidCap 400 ETF Trust accounts for 1.1% of Peterson Wealth Services’ holdings, making the stock its 22nd largest holding.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDY. DiNuzzo Private Wealth Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $28,000. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $28,000. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $32,000. Brooklyn Investment Group acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $36,000. Finally, Peterson Financial Group Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $68,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
MDY opened at $585.97 on Tuesday. The stock has a market cap of $23.16 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock’s 50 day simple moving average is $587.15 and its 200 day simple moving average is $574.91. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $501.24 and a 1-year high of $624.13.
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.
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