MetLife Investment Management LLC decreased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 70.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 18,300 shares of the exchange traded fund’s stock after selling 44,400 shares during the period. MetLife Investment Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $10,425,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of MDY. Ridgewood Investments LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $25,000. Addison Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $27,000. DiNuzzo Private Wealth Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $28,000. Chris Bulman Inc purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $38,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
MDY opened at $615.02 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $463.89 and a 1 year high of $624.13. The firm has a 50 day moving average price of $581.63 and a 200 day moving average price of $558.18. The company has a market cap of $24.31 billion, a PE ratio of 15.70 and a beta of 1.09.
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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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).
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