Finley Financial LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,150 shares of the exchange traded fund’s stock, valued at approximately $4,762,000. SPDR S&P MidCap 400 ETF Trust accounts for 2.5% of Finley Financial LLC’s portfolio, making the stock its 11th largest holding.
Several other hedge funds also recently added to or reduced their stakes in the business. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $28,000. Brooklyn Investment Group acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $36,000. Peterson Financial Group Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $68,000. Finally, Beaird Harris Wealth Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $67,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY stock opened at $601.18 on Wednesday. The stock has a market capitalization of $23.76 billion, a P/E ratio of 15.70 and a beta of 1.09. The company has a 50 day moving average price of $589.96 and a 200 day moving average price of $571.02. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $495.53 and a fifty-two week high of $624.13.
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.
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