Baron Financial Group LLC Reduces Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Posted by Maddie Sorensen on Oct 20th, 2024

Baron Financial Group LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,206 shares of the exchange traded fund’s stock after selling 98 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 1.5% of Baron Financial Group LLC’s holdings, making the stock its 24th biggest position. Baron Financial Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ridgewood Investments LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $25,000. Ruedi Wealth Management Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $26,000. Addison Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $27,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth about $28,000. Finally, Chris Bulman Inc purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $30,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $583.97 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $585.50. The company’s 50 day simple moving average is $560.54 and its 200 day simple moving average is $547.09. The company has a market capitalization of $23.08 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Company Profile

(Free Report)

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.