Foundations Investment Advisors LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,039 shares of the exchange traded fund’s stock after acquiring an additional 54 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $592,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. Thrivent Financial for Lutherans lifted its position in SPDR S&P MidCap 400 ETF Trust by 16.0% during the second quarter. Thrivent Financial for Lutherans now owns 2,719 shares of the exchange traded fund’s stock worth $1,455,000 after acquiring an additional 376 shares during the last quarter. Marshall Wace LLP bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $402,000. NewEdge Advisors LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 25.2% during the 2nd quarter. NewEdge Advisors LLC now owns 6,523 shares of the exchange traded fund’s stock worth $3,490,000 after buying an additional 1,312 shares during the period. Truist Financial Corp lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% during the second quarter. Truist Financial Corp now owns 103,975 shares of the exchange traded fund’s stock worth $55,635,000 after buying an additional 987 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $4,173,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 1.1 %
NYSEARCA MDY opened at $596.41 on Friday. The company has a market cap of $23.57 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The company has a 50 day moving average of $590.44 and a 200-day moving average of $573.15. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $495.53 and a 1-year high of $624.13.
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.
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