Arizona PSPRS Trust Purchases New Shares in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Arizona PSPRS Trust acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the third quarter, Holdings Channel reports. The fund acquired 3,700 shares of the exchange traded fund’s stock, valued at approximately $2,108,000. SPDR S&P MidCap 400 ETF Trust comprises about 0.1% of Arizona PSPRS Trust’s investment portfolio, making the stock its 22nd biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Benjamin Edwards Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $342,000. Paloma Partners Management Co bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $684,000. FSA Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $83,000. American Capital Management Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth $201,000. Finally, Edgestream Partners L.P. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth $361,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $615.86 on Monday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $465.36 and a 1 year high of $624.13. The company has a market capitalization of $24.34 billion, a PE ratio of 15.70 and a beta of 1.09. The business has a fifty day moving average price of $582.62 and a two-hundred day moving average price of $558.72.

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.