Global Retirement Partners LLC Makes New $2.45 Million Investment in SPDR S&P MidCap 400 ETF Trust $MDY

Global Retirement Partners LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,483 shares of the exchange traded fund’s stock, valued at approximately $2,450,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MDY. Brighton Jones LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 12.6% during the fourth quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock worth $1,162,000 after buying an additional 228 shares during the period. AQR Capital Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 27.9% in the 1st quarter. AQR Capital Management LLC now owns 6,417 shares of the exchange traded fund’s stock valued at $3,423,000 after buying an additional 1,401 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 4.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,023 shares of the exchange traded fund’s stock valued at $546,000 after buying an additional 42 shares during the last quarter. Walleye Capital LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $317,000. Finally, Jump Financial LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $2,495,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $716.91 on Monday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $568.21 and a twelve month high of $717.35. The business has a 50 day moving average price of $693.35 and a two-hundred day moving average price of $664.11. The company has a market cap of $27.59 billion, a P/E ratio of 18.98 and a beta of 1.01.

SPDR S&P MidCap 400 ETF Trust Company 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.