Divergent Planning LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.4% during the 1st quarter, Holdings Channel reports. The firm owned 66,502 shares of the exchange traded fund’s stock after acquiring an additional 1,574 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up 12.0% of Divergent Planning LLC’s holdings, making the stock its 2nd biggest holding. Divergent Planning LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $36,235,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. J.Safra Asset Management Corp bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $26,000. CoreFirst Bank & Trust purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $40,000. Synergy Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $44,000. Mpwm Advisory Solutions LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $46,000. Finally, Ameriflex Group Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $49,000.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.4%
Shares of NYSEARCA:MDY opened at $548.51 on Monday. The stock has a market capitalization of $22.04 billion, a price-to-earnings ratio of 18.14 and a beta of 1.07. 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 simple moving average of $526.17 and a two-hundred day simple moving average of $560.57.
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.
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