Palisade Asset Management LLC decreased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 8.9% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,510 shares of the exchange traded fund’s stock after selling 1,026 shares during the period. Palisade Asset Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,607,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. J.Safra Asset Management Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $26,000. CoreFirst Bank & Trust purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $40,000. Synergy Investment Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $44,000. Mpwm Advisory Solutions LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $46,000. Finally, City Holding Co. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 80.0% during the 1st quarter. City Holding Co. now owns 90 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 40 shares during the period.
SPDR S&P MidCap 400 ETF Trust Price Performance
MDY opened at $557.09 on Tuesday. The stock’s 50 day simple moving average is $540.69 and its 200 day simple moving average is $554.84. The firm has a market cap of $22.27 billion, a price-to-earnings ratio of 18.14 and a beta of 1.06. 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.
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