Vestor Capital LLC Boosts Position in SPDR S&P MidCap 400 ETF Trust $MDY

Vestor Capital LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3,524.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,810 shares of the exchange traded fund’s stock after purchasing an additional 29,960 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.4% of Vestor Capital LLC’s portfolio, making the stock its 21st biggest position. Vestor Capital LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $19,002,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Financial & Tax Architects LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at $4,743,000. Savvy Advisors Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $620,000. Daytona Street Capital LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $633,000. Northland Securities Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $560,000. Finally, RFG Advisory LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 50.4% in the fourth quarter. RFG Advisory LLC now owns 8,034 shares of the exchange traded fund’s stock valued at $4,847,000 after buying an additional 2,694 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $687.19 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $559.89 and a 1 year high of $704.45. The business has a 50 day moving average of $687.71 and a 200-day moving average of $658.86. The company has a market capitalization of $26.45 billion, a P/E ratio of 18.98 and a beta of 1.00.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.