Baron Financial Group LLC Has $2.37 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Baron Financial Group LLC trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,154 shares of the exchange traded fund’s stock after selling 52 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 1.5% of Baron Financial Group LLC’s investment portfolio, making the stock its 22nd biggest holding. Baron Financial Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,366,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MDY. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $28,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $28,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $36,000. Peterson Financial Group Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $68,000. Finally, Beaird Harris Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $67,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.2 %

SPDR S&P MidCap 400 ETF Trust stock opened at $597.49 on Friday. The firm has a market capitalization of $23.61 billion, a P/E ratio of 15.70 and a beta of 1.09. The business has a 50-day moving average of $590.32 and a 200-day moving average of $571.86. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $495.53 and a 1 year high of $624.13.

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.