3EDGE Asset Management LP cut its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,087 shares of the exchange traded fund’s stock after selling 259 shares during the period. 3EDGE Asset Management LP’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. West Financial Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $28,000. New Wave Wealth Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $32,000. Brooklyn Investment Group purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $36,000. Peterson Financial Group Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth 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 Up 0.9 %
Shares of MDY opened at $589.24 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $510.45 and a 12-month high of $624.13. The company has a market capitalization of $23.29 billion, a PE ratio of 15.70 and a beta of 1.09. The business’s 50 day moving average is $583.90 and its 200 day moving average is $575.92.
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.
Further Reading
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- What Does Downgrade Mean in Investing?
- Hims & Hers Earnings Could Be a Game Changer—What to Do Now
- Compound Interest and Why It Matters When Investing
- DeepSeek IPO Remains Far Off—Investors Eye 4 Chinese AI Stocks
- What is the Shanghai Stock Exchange Composite Index?
- Mortgage Market Bottom? Why Rocket Companies Could Be a Buy
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.
