780 Shares in SPDR S&P MidCap 400 ETF Trust $MDY Bought by Deltec Asset Management LLC

Deltec Asset Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 780 shares of the exchange traded fund’s stock, valued at approximately $481,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 177.8% in the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 32 shares during the last quarter. High Point Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $34,000. EFG International AG purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $40,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 51 shares during the last quarter. Finally, Acumen Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $48,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $697.07 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $559.89 and a 1-year high of $704.17. The company has a market capitalization of $27.74 billion, a P/E ratio of 18.98 and a beta of 1.00. The firm’s 50 day simple moving average is $677.65 and its 200 day simple moving average is $647.76.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.