Madison Investment Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 39,842 shares of the exchange traded fund’s stock, valued at approximately $22,693,000. Madison Investment Advisors LLC owned 0.10% of SPDR S&P MidCap 400 ETF Trust as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in MDY. J.Safra Asset Management Corp purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $26,000. West Financial Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $28,000. New Wave Wealth Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $32,000. Brooklyn Investment Group purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $36,000. Finally, Synergy Investment Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $44,000.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.1 %
Shares of MDY opened at $531.33 on Thursday. The firm has a market capitalization of $21.99 billion, a P/E ratio of 18.55 and a beta of 1.14. The stock’s fifty day simple moving average is $575.72 and its 200 day simple moving average is $577.44. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $511.97 and a twelve 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.
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