RMG Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund bought 78 shares of the exchange traded fund’s stock, valued at approximately $45,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of MDY. Hancock Prospecting Pty Ltd purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $1,584,523,000. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 3.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock worth $307,624,000 after buying an additional 20,483 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 7.0% during the 1st quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after buying an additional 28,167 shares during the last quarter. Finally, Waddell & Associates LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 0.9% during the 1st quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock worth $75,535,000 after buying an additional 1,325 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of NYSEARCA MDY opened at $595.07 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The company has a market capitalization of $23.50 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. The business has a 50-day moving average of $590.85 and a two-hundred day moving average of $561.44.
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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