SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $704.45 and last traded at $695.3860, with a volume of 677120 shares traded. The stock had previously closed at $693.70.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.6%
The company has a 50-day simple moving average of $678.82 and a two-hundred day simple moving average of $648.91. The stock has a market cap of $27.76 billion, a P/E ratio of 18.98 and a beta of 1.00.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in MDY. Brighton Jones LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 12.6% during the 4th quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock valued at $1,162,000 after buying an additional 228 shares during the period. AQR Capital Management LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 27.9% in the 1st quarter. AQR Capital Management LLC now owns 6,417 shares of the exchange traded fund’s stock worth $3,423,000 after acquiring an additional 1,401 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.3% in the first quarter. Integrated Wealth Concepts LLC now owns 1,023 shares of the exchange traded fund’s stock valued at $546,000 after acquiring an additional 42 shares during the period. Walleye Capital LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $317,000. Finally, Jump Financial LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $2,495,000.
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.
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