SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) is Conservest Capital Advisors Inc.’s 2nd Largest Position

Posted by Tyrone Williams on Mar 1st, 2025

Conservest Capital Advisors Inc. decreased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 223,959 shares of the exchange traded fund’s stock after selling 16,687 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 13.2% of Conservest Capital Advisors Inc.’s investment portfolio, making the stock its 2nd largest position. Conservest Capital Advisors Inc. owned about 0.57% of SPDR S&P MidCap 400 ETF Trust worth $127,566,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of MDY. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $28,000. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $32,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $36,000. Peterson Financial Group Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $68,000. Finally, Newton One Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $69,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $565.80 on Friday. The business’s 50 day moving average price is $580.64 and its 200-day moving average price is $577.81. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $511.97 and a fifty-two week high of $624.13. The company has a market cap of $23.83 billion, a P/E ratio of 19.87 and a beta of 1.13.

About SPDR S&P MidCap 400 ETF Trust

(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.