Lido Advisors LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,084 shares of the exchange traded fund’s stock after selling 316 shares during the quarter. Lido Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $21,623,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of MDY. Gator Capital Management LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 21.3% during the second quarter. Gator Capital Management LLC now owns 1,624 shares of the exchange traded fund’s stock valued at $920,000 after purchasing an additional 285 shares during the period. Scotia Capital Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 10.0% in the second quarter. Scotia Capital Inc. now owns 3,631 shares of the exchange traded fund’s stock worth $2,056,000 after purchasing an additional 329 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 6.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 613,019 shares of the exchange traded fund’s stock worth $347,263,000 after purchasing an additional 36,384 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $175,000. Finally, J.W. Cole Advisors Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 34.0% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 7,346 shares of the exchange traded fund’s stock valued at $4,162,000 after buying an additional 1,864 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.5%
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $605.48 on Monday. The stock’s fifty day simple moving average is $593.12 and its 200 day simple moving average is $581.44. The company has a market capitalization of $23.87 billion, a PE ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month high of $620.21.
SPDR S&P MidCap 400 ETF Trust Company 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.
Read More
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- What is the Nasdaq? Complete Overview with History
- Worried About Inflation? These 3 ETFs Offer Real Protection
- Financial Services Stocks Investing
- Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally
- Investing in the High PE Growth Stocks
- Klarna’s Crypto Play: A Plan to Fix Its Profit Problem
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.
