Valen Private Capital LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the third quarter, HoldingsChannel reports. The fund acquired 11,529 shares of the exchange traded fund’s stock, valued at approximately $7,571,000. SPDR S&P MidCap 400 ETF Trust accounts for approximately 2.4% of Valen Private Capital LLC’s holdings, making the stock its 12th largest position.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Simplicity Wealth LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 97.6% during the third quarter. Simplicity Wealth LLC now owns 1,061 shares of the exchange traded fund’s stock worth $697,000 after buying an additional 524 shares in the last quarter. Sowell Financial Services LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% in the third quarter. Sowell Financial Services LLC now owns 5,643 shares of the exchange traded fund’s stock worth $3,706,000 after buying an additional 17 shares during the last quarter. Ascent Wealth Partners LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.6% in the third quarter. Ascent Wealth Partners LLC now owns 43,795 shares of the exchange traded fund’s stock worth $28,761,000 after buying an additional 675 shares during the last quarter. Gibson Capital LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $296,000. Finally, Capital Investment Advisors LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 250.5% during the third quarter. Capital Investment Advisors LLC now owns 3,845 shares of the exchange traded fund’s stock worth $2,525,000 after purchasing an additional 2,748 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY stock opened at $660.16 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’s 50-day simple moving average is $676.35 and its 200-day simple moving average is $678.74. The stock has a market capitalization of $25.57 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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