FSA Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) during the 3rd quarter, Holdings Channel reports. The fund bought 145 shares of the exchange traded fund’s stock, valued at approximately $83,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock valued at $1,237,772,000 after purchasing an additional 2,169,344 shares in the last quarter. Granite Bay Wealth Management LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after purchasing an additional 2,080,665 shares during the last quarter. US Bancorp DE increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% in the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock valued at $606,098,000 after buying an additional 11,719 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after buying an additional 5,825 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.5% during the 2nd quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock worth $269,741,000 after buying an additional 17,125 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.1 %
Shares of NYSEARCA MDY opened at $615.86 on Monday. The company’s 50-day moving average price is $582.62 and its 200 day moving average price is $558.72. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $465.36 and a 52 week high of $624.13. The stock has a market cap of $24.34 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.
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.
Further Reading
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- Golden Cross Stocks: Pattern, Examples and Charts
- Analog Devices: Why the Uptrend Could Accelerate in 2025
- Best Stocks Under $5.00
- Texas Pacific Land: Permian Basin Powerhouse With an AI Edge
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- ServiceNow: Will the High-Flyer Finally Split in 2024?
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.