Y Intercept Hong Kong Ltd Invests $1.65 Million in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Y Intercept Hong Kong Ltd purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,902 shares of the exchange traded fund’s stock, valued at approximately $1,653,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MDY. Strategic Financial Concepts LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after acquiring an additional 376,929 shares during the period. SG Americas Securities LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the 4th quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after purchasing an additional 248,146 shares during the period. Arvest Bank Trust Division bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth about $137,029,000. Washburn Capital Management Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $35,872,000. Finally, Serenus Wealth Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $17,820,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.0 %

Shares of NYSEARCA MDY opened at $565.55 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $511.97 and a 52 week high of $624.13. The business has a 50-day simple moving average of $580.95 and a two-hundred day simple moving average of $577.78. The company has a market cap of $23.82 billion, a P/E ratio of 19.87 and a beta of 1.13.

About SPDR S&P MidCap 400 ETF Trust

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.