AMG National Trust Bank lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 63.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,814 shares of the exchange traded fund’s stock after buying an additional 5,360 shares during the quarter. AMG National Trust Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,520,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sound Income Strategies LLC increased its holdings in 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 valued at $32,000 after acquiring an additional 32 shares during the last quarter. High Point Wealth Management LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $34,000. Ascentis Independent Advisors bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $41,000. EFG International AG bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of 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 purchasing an additional 51 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Down 0.6%
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $685.98 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $559.89 and a twelve month high of $704.45. The business has a 50-day moving average price of $682.11 and a 200-day moving average price of $652.21. The firm has a market cap of $27.08 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00.
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.
Read More
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.
