Gladwyn Financial Advisors Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 428 shares of the exchange traded fund’s stock, valued at approximately $242,000.
Other hedge funds have also recently made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $27,000. Aviso Financial Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $27,000. Alpine Bank Wealth Management purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $32,000. Marshall Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $33,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $45,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.2%
Shares of NYSEARCA MDY opened at $588.86 on Friday. The firm’s 50-day moving average price is $593.64 and its 200-day moving average price is $564.17. The stock has a market capitalization of $23.37 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $624.13.
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.
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