Forum Financial Management LP Grows Position in SPDR S&P MidCap 400 ETF Trust $MDY

Forum Financial Management LP raised its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 36.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 885 shares of the exchange traded fund’s stock after purchasing an additional 235 shares during the quarter. Forum Financial Management LP’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $502,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MDY. Hancock Prospecting Pty Ltd purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $1,584,523,000. Starr Indemnity & Liability Co purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $35,957,000. SCS Capital Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $32,862,000. Finally, Choreo LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 575.6% during the 1st quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock valued at $28,988,000 after buying an additional 46,295 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY opened at $602.47 on Friday. The stock has a market capitalization of $23.64 billion, a PE ratio of 18.98 and a beta of 1.12. The business has a 50 day simple moving average of $595.28 and a two-hundred day simple moving average of $567.50. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 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.