Valen Private Capital LLC Makes New $7.57 Million Investment in SPDR S&P MidCap 400 ETF Trust $MDY

Valen Private Capital LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 11,529 shares of the exchange traded fund’s stock, valued at approximately $7,571,000. SPDR S&P MidCap 400 ETF Trust makes up about 2.4% of Valen Private Capital LLC’s investment portfolio, making the stock its 12th largest holding.

Several other hedge funds also recently added to or reduced their stakes in MDY. Financial & Tax Architects LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $4,743,000. Kestra Advisory Services LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 42.8% during the 1st quarter. Kestra Advisory Services LLC now owns 37,293 shares of the exchange traded fund’s stock worth $23,001,000 after acquiring an additional 11,174 shares in the last quarter. Kintra Wealth LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 91.4% during the 2nd quarter. Kintra Wealth LLC now owns 1,719 shares of the exchange traded fund’s stock worth $1,228,000 after acquiring an additional 821 shares in the last quarter. Passaic Partners LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $19,331,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 120.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 3,832 shares of the exchange traded fund’s stock worth $2,695,000 after acquiring an additional 2,091 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.6%

NYSEARCA MDY opened at $660.16 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $568.21 and a fifty-two week high of $717.35. The business has a 50 day moving average price of $676.35 and a two-hundred day moving average price of $678.74. The stock has a market cap of $25.57 billion, a PE 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.