Elyxium Wealth LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 81.8% during the second quarter, Holdings Channel reports. The firm owned 11,270 shares of the exchange traded fund’s stock after purchasing an additional 5,070 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 0.8% of Elyxium Wealth LLC’s portfolio, making the stock its 22nd largest holding. Elyxium Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,927,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. High Point Wealth Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $34,000. EFG International AG acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $40,000. Ascentis Independent Advisors acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $41,000. Acumen Wealth Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $48,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $49,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of MDY opened at $716.91 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $568.21 and a one year high of $717.35. The company has a 50-day moving average of $693.35 and a two-hundred day moving average of $663.92. The stock has a market cap of $27.59 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.
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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