Madden Advisory Services Inc. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 7.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 460 shares of the exchange traded fund’s stock after buying an additional 32 shares during the quarter. Madden Advisory Services Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $261,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in MDY. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $27,000. Aviso Financial Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $27,000. Alpine Bank Wealth Management acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $32,000. Marshall Investment Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $33,000. Finally, RMG Wealth Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $45,000.
SPDR S&P MidCap 400 ETF Trust Stock Down 1.1%
NYSEARCA MDY opened at $595.07 on Wednesday. The stock has a market capitalization of $23.50 billion, a PE ratio of 18.98 and a beta of 1.12. The company has a 50 day moving average price of $590.85 and a two-hundred day moving average price of $561.44. 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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