Summa Corp. Acquires Shares of 600 SPDR S&P MidCap 400 ETF Trust $MDY

Summa Corp. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the second quarter, HoldingsChannel reports. The fund purchased 600 shares of the exchange traded fund’s stock, valued at approximately $340,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Hancock Prospecting Pty Ltd bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $1,584,523,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock worth $307,624,000 after purchasing an additional 20,483 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% during the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after purchasing an additional 28,167 shares in the last quarter. Finally, Waddell & Associates LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the first quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock worth $75,535,000 after purchasing an additional 1,325 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 2.8%

Shares of NYSEARCA MDY opened at $577.77 on Friday. The company’s fifty day moving average is $591.81 and its 200-day moving average is $562.32. The stock has a market cap of $22.95 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $624.13.

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.