Means Investment CO. Inc. lessened its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,409 shares of the exchange traded fund’s stock after selling 267 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 0.8% of Means Investment CO. Inc.’s portfolio, making the stock its 23rd largest position. Means Investment CO. Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,163,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth $27,000. Aviso Financial Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $27,000. Alpine Bank Wealth Management bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $32,000. Marshall Investment Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $33,000. Finally, RMG Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $45,000.
SPDR S&P MidCap 400 ETF Trust Stock Down 2.8%
Shares of NYSEARCA MDY opened at $577.77 on Friday. The firm’s 50-day moving average price is $591.81 and its two-hundred day moving average price is $562.32. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $624.13. The stock has a market capitalization of $22.95 billion, a P/E ratio of 18.98 and a beta of 1.12.
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.
Recommended Stories
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- How to Invest in the FAANG Stocks
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- Dividend Capture Strategy: What You Need to Know
- Catch the Next Bitcoin Rally With These 3 ETFs
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.