Patten & Patten Inc. TN acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 370 shares of the exchange traded fund’s stock, valued at approximately $210,000.
A number of other institutional investors have also added to or reduced their stakes in the business. Hancock Prospecting Pty Ltd purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth approximately $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth $1,584,523,000. Starr Indemnity & Liability Co bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $35,957,000. SCS Capital Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at $32,862,000. Finally, Choreo LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 575.6% in the 1st quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock valued at $28,988,000 after acquiring an additional 46,295 shares during the period.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.2%
MDY opened at $588.86 on Friday. The firm has a market cap of $23.28 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month high of $624.13. The stock has a fifty day moving average price of $593.64 and a 200-day moving average price of $564.03.
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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