American Capital Advisory LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 4.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 2,113 shares of the exchange traded fund’s stock after purchasing an additional 94 shares during the period. American Capital Advisory LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,204,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Ruedi Wealth Management Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $26,000. TFG Advisers LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 2.6% during the first quarter. TFG Advisers LLC now owns 828 shares of the exchange traded fund’s stock valued at $461,000 after buying an additional 21 shares during the period. LCM Capital Management Inc grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% during the first quarter. LCM Capital Management Inc now owns 41,798 shares of the exchange traded fund’s stock valued at $23,256,000 after buying an additional 456 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 39.5% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 6,555 shares of the exchange traded fund’s stock worth $3,647,000 after buying an additional 1,855 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $890,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
MDY traded up $18.75 on Wednesday, hitting $595.44. 731,211 shares of the company were exchanged, compared to its average volume of 824,160. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $439.81 and a 12 month high of $599.79. The firm has a fifty day simple moving average of $565.21 and a two-hundred day simple moving average of $550.39. The stock has a market capitalization of $23.53 billion, a PE ratio of 15.70 and a beta of 1.09.
SPDR S&P MidCap 400 ETF Trust 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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