Delta Financial Group Inc. decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 8.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,844 shares of the exchange traded fund’s stock after selling 455 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 0.6% of Delta Financial Group Inc.’s portfolio, making the stock its 27th largest position. Delta Financial Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,759,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. West Financial Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $32,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $36,000. Peterson Financial Group Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $68,000. Finally, Newton One Investments LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $69,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
NYSEARCA:MDY opened at $566.50 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $511.97 and a 1-year high of $624.13. The business has a 50 day moving average of $582.15 and a 200 day moving average of $577.01. The company has a market capitalization of $23.86 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13.
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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