Naples Global Advisors LLC Has $2.67 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Posted by Latisha Jones on Feb 13th, 2025

Naples Global Advisors LLC raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,677 shares of the exchange traded fund’s stock after acquiring an additional 32 shares during the period. Naples Global Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,674,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth about $28,000. West Financial Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $32,000. Brooklyn Investment Group acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $36,000. Finally, Peterson Financial Group Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $68,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $579.11 on Thursday. The company has a market capitalization of $22.89 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $501.24 and a one year high of $624.13. The business’s 50 day simple moving average is $586.02 and its 200-day simple moving average is $575.30.

SPDR S&P MidCap 400 ETF Trust Company Profile

(Free Report)

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.