Founders Grove Wealth Partners LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 778 shares of the exchange traded fund’s stock, valued at approximately $443,000.
A number of other large investors have also recently made changes to their positions in the stock. DiNuzzo Private Wealth Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $28,000. Kiely Wealth Advisory Group Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $64,000. Beaird Harris Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $67,000. Peterson Financial Group Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $68,000. Finally, ORG Partners LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 50.0% in the fourth quarter. ORG Partners LLC now owns 129 shares of the exchange traded fund’s stock valued at $74,000 after acquiring an additional 43 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
MDY stock opened at $576.69 on Wednesday. The business has a 50-day moving average price of $591.05 and a 200 day moving average price of $568.90. The company has a market capitalization of $22.79 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $487.66 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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