Ballentine Partners LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.4% during the fourth quarter, Holdings Channel reports. The firm owned 6,631 shares of the exchange traded fund’s stock after purchasing an additional 340 shares during the quarter. Ballentine Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,777,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. DiNuzzo Private Wealth Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $28,000. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $28,000. Brooklyn Investment Group purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $36,000. Beaird Harris Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $67,000. Finally, Peterson Financial Group Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $68,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.4 %
SPDR S&P MidCap 400 ETF Trust stock opened at $591.11 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $490.24 and a 52-week high of $624.13. The company has a market cap of $23.36 billion, a P/E ratio of 15.70 and a beta of 1.09. The business has a 50-day simple moving average of $590.29 and a two-hundred day simple moving average of $570.10.
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.
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Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
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