Alpha Cubed Investments 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 Form 13F filing with the Securities and Exchange Commission. The firm acquired 459 shares of the exchange traded fund’s stock, valued at approximately $261,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in MDY. DiNuzzo Private Wealth Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter worth approximately $28,000. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $28,000. Brooklyn Investment Group acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $36,000. Beaird Harris Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth $67,000. Finally, Peterson Financial Group Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter worth $68,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 1.7 %
MDY opened at $601.18 on Wednesday. The company has a market cap of $23.76 billion, a P/E ratio of 15.70 and a beta of 1.09. The company has a fifty day moving average price of $589.96 and a two-hundred day moving average price of $570.51. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $495.53 and a 1-year high of $624.13.
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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