Abound Financial LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 864 shares of the exchange traded fund’s stock, valued at approximately $492,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of MDY. West Financial Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $32,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $36,000. Peterson Financial Group Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $68,000. Finally, Newton One Investments LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $69,000.
SPDR S&P MidCap 400 ETF Trust Stock Down 2.4 %
Shares of NYSEARCA MDY opened at $566.50 on Friday. The business has a fifty day simple moving average of $582.15 and a two-hundred day simple moving average of $577.01. The firm has a market cap of $23.86 billion, a PE ratio of 19.87 and a beta of 1.13. 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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