RiverFront Investment Group LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor bought 477 shares of the exchange traded fund’s stock, valued at approximately $272,000.
A number of other large investors have also recently modified their holdings of MDY. J.Safra Asset Management Corp bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $26,000. West Financial Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $32,000. Brooklyn Investment Group bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $36,000. Finally, CoreFirst Bank & Trust bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $40,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of NYSEARCA:MDY opened at $532.23 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year high of $624.13. The company has a market cap of $21.83 billion, a price-to-earnings ratio of 18.90 and a beta of 1.14. The firm has a 50 day simple moving average of $567.18 and a 200 day simple moving average of $576.38.
SPDR S&P MidCap 400 ETF Trust 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.
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