Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $693.30 and last traded at $693.56, with a volume of 68842 shares. The stock had previously closed at $688.85.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.8%
The company has a market cap of $27.27 billion, a P/E ratio of 18.98 and a beta of 1.01. The company’s 50-day moving average price is $663.19 and its two-hundred day moving average price is $638.95.
Institutional Trading of SPDR S&P MidCap 400 ETF Trust
Several hedge funds and other institutional investors have recently bought and sold shares of MDY. Sound Income Strategies LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% in the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 32 shares in the last quarter. High Point Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $34,000. EFG International AG bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $40,000. Ascentis Independent Advisors bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 255.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 51 shares during the period.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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