Summit Trail Advisors LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 8.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,274 shares of the exchange traded fund’s stock after purchasing an additional 171 shares during the period. Summit Trail Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,300,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in MDY. DiNuzzo Private Wealth Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth about $28,000. West Financial Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $28,000. New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $32,000. Brooklyn Investment Group acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $36,000. Finally, Peterson Financial Group Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $68,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA:MDY opened at $585.97 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $501.24 and a 52-week high of $624.13. The company has a market capitalization of $23.16 billion, a P/E ratio of 15.70 and a beta of 1.09. The company has a 50-day simple moving average of $587.15 and a 200 day simple moving average of $574.91.
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.
Further Reading
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- NYSE Stocks Give Investors a Variety of Quality Options
- Merck: 4 No-Brainer Reasons to Buy This Dip
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- 3 Tickers Leading a Meme Stock Revival
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.