Brown Brothers Harriman & Co. trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.3% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 17,152 shares of the exchange traded fund’s stock after selling 60 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,771,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of MDY. Ridgewood Investments LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $25,000. Addison Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth approximately $27,000. DiNuzzo Private Wealth Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $28,000. Chris Bulman Inc bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $38,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of MDY opened at $610.71 on Monday. The firm has a market capitalization of $24.14 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $463.89 and a one year high of $611.14. The business has a fifty day moving average of $577.41 and a 200 day moving average of $556.38.
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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