Granite FO LLC Acquires 230 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Granite FO LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,986 shares of the exchange traded fund’s stock after buying an additional 230 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 4.9% of Granite FO LLC’s portfolio, making the stock its 5th biggest position. Granite FO LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,536,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. J.Safra Asset Management Corp acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $26,000. West Financial Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $28,000. New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $32,000. Brooklyn Investment Group acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $36,000. Finally, Synergy Investment Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $44,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $551.08 on Thursday. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year high of $624.13. The business has a fifty day moving average of $579.15 and a two-hundred day moving average of $578.13. The company has a market cap of $23.21 billion, a P/E ratio of 19.87 and a beta of 1.13.

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.