GSB Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,275 shares of the exchange traded fund’s stock, valued at approximately $584,000.
A number of other institutional investors also recently added to or reduced their stakes in MDY. BlackRock Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 97.9% in the first quarter. BlackRock Inc. now owns 67,337 shares of the exchange traded fund’s stock worth $33,026,000 after acquiring an additional 33,318 shares during the last quarter. Moors & Cabot Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 6.9% during the first quarter. Moors & Cabot Inc. now owns 1,929 shares of the exchange traded fund’s stock worth $946,000 after purchasing an additional 124 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in SPDR S&P MidCap 400 ETF Trust by 2.8% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,167 shares of the exchange traded fund’s stock worth $572,000 after purchasing an additional 32 shares in the last quarter. First Western Trust Bank acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $1,239,000. Finally, American International Group Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 31.4% during the first quarter. American International Group Inc. now owns 18,000 shares of the exchange traded fund’s stock worth $8,828,000 after purchasing an additional 4,300 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.6 %
MDY stock opened at $468.96 on Thursday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $398.11 and a twelve month high of $500.78. The company’s 50 day moving average is $483.87 and its two-hundred day moving average is $465.65. The stock has a market cap of $18.87 billion, a P/E ratio of 11.00 and a beta of 1.12.
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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