Alpha Wealth Funds LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 4.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,702 shares of the exchange traded fund’s stock after selling 161 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.8% of Alpha Wealth Funds LLC’s portfolio, making the stock its 6th biggest position. Alpha Wealth Funds LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,097,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Hancock Prospecting Pty Ltd acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $1,584,523,000. Northwestern Mutual Wealth Management Co. boosted its position in 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 valued at $307,624,000 after purchasing an additional 20,483 shares during the last quarter. JPMorgan Chase & Co. boosted its position in 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 valued at $229,058,000 after purchasing an additional 28,167 shares during the last quarter. Finally, Waddell & Associates LLC boosted its position in 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 valued at $75,535,000 after purchasing an additional 1,325 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.2%
MDY opened at $588.86 on Friday. The stock has a market cap of $23.37 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The stock has a fifty day moving average price of $593.64 and a 200 day moving average price of $564.17.
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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