Motco decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,358 shares of the exchange traded fund’s stock after selling 84 shares during the period. Motco’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,330,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. West Financial Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $28,000. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $32,000. Brooklyn Investment Group purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $36,000. Peterson Financial Group Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $68,000. Finally, Newton One Investments LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $69,000.
SPDR S&P MidCap 400 ETF Trust Trading Down 1.3 %
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $559.66 on Friday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $511.97 and a twelve month high of $624.13. The firm has a market capitalization of $23.57 billion, a PE ratio of 19.87 and a beta of 1.13. The firm’s 50-day moving average price is $580.73 and its 200 day moving average price is $577.58.
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.
Further Reading
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- What Are Dividend Champions? How to Invest in the Champions
- Salesforce’s Hidden Strengths Could Fuel a Powerful Rebound
- Do ETFs Pay Dividends? What You Need to Know
- 3 Stocks With Unusual Call Option Volume – What It Signals
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Top 4 Healthcare REITs Turning Care Into Big Investor Payouts
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.
