Jones Kertz & Associates Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor bought 3,079 shares of the exchange traded fund’s stock, valued at approximately $1,857,000. SPDR S&P MidCap 400 ETF Trust accounts for about 1.0% of Jones Kertz & Associates Inc.’s holdings, making the stock its 29th largest position.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Activest Wealth Management raised its stake in SPDR S&P MidCap 400 ETF Trust by 125.0% during the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 30 shares during the last quarter. Sound Income Strategies LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 177.8% during the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 32 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $41,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 255.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 51 shares during the last quarter. Finally, Tripletail Wealth Management LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $49,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.6%
Shares of MDY opened at $669.58 on Tuesday. The firm has a market cap of $26.16 billion, a PE ratio of 18.98 and a beta of 1.03. The firm has a fifty day simple moving average of $636.13 and a two-hundred day simple moving average of $618.70. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $485.27 and a 1-year high of $669.94.
SPDR S&P MidCap 400 ETF Trust Company 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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