QRG Capital Management Inc. Grows Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

QRG Capital Management Inc. increased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 157.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,457 shares of the exchange traded fund’s stock after purchasing an additional 892 shares during the period. QRG Capital Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $825,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $27,000. Aviso Financial Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $27,000. Alpine Bank Wealth Management bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $32,000. Marshall Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $33,000. Finally, Smallwood Wealth Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $48,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $594.43 on Friday. The stock has a market cap of $23.61 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. The firm’s 50-day moving average is $591.60 and its 200 day moving average is $562.02. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year 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.