Nordwand Advisors LLC Invests $194,000 in SPDR S&P MidCap 400 ETF Trust $MDY

Nordwand Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 342 shares of the exchange traded fund’s stock, valued at approximately $194,000.

Several other hedge funds have also recently bought and sold shares of the company. Hancock Prospecting Pty Ltd purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $1,584,523,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock valued at $307,624,000 after purchasing an additional 20,483 shares during the period. Bank of Montreal Can boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the second quarter. Bank of Montreal Can now owns 500,851 shares of the exchange traded fund’s stock valued at $283,722,000 after purchasing an additional 1,910 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% in the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock valued at $229,058,000 after purchasing an additional 28,167 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.3%

Shares of MDY opened at $577.19 on Wednesday. The company has a market cap of $22.75 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13. The firm’s 50 day moving average price is $594.75 and its 200 day moving average price is $578.80.

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.