Mesirow Financial Investment Management Inc. cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,662 shares of the exchange traded fund’s stock after selling 520 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $13,220,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Ridgewood Investments LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $25,000. Ruedi Wealth Management Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at approximately $26,000. Addison Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $27,000. Chris Bulman Inc acquired a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $38,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 1.7 %
NYSEARCA:MDY opened at $555.43 on Monday. The firm has a market capitalization of $21.95 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $574.11. The firm’s fifty day simple moving average is $549.41 and its 200 day simple moving average is $542.17.
SPDR S&P MidCap 400 ETF Trust Company 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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