Sunpointe LLC Purchases 1,045 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Sunpointe LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 145.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,762 shares of the exchange traded fund’s stock after acquiring an additional 1,045 shares during the quarter. Sunpointe LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,001,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of MDY. Barnes Dennig Private Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $27,000. Aviso Financial Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $27,000. Alpine Bank Wealth Management bought a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $32,000. Marshall Investment Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $33,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $46,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.3%

Shares of MDY opened at $598.81 on Wednesday. The stock has a market capitalization of $23.72 billion, a P/E ratio of 18.98 and a beta of 1.12. The firm’s fifty day simple moving average is $585.89 and its two-hundred day simple moving average is $555.43. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month 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.