Conning Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,185 shares of the exchange traded fund’s stock after buying an additional 417 shares during the quarter. Conning Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $22,889,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. West Financial Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $28,000. DiNuzzo Private Wealth Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $32,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $36,000. Finally, Peterson Financial Group Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $68,000.
SPDR S&P MidCap 400 ETF Trust Trading Down 1.2 %
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $585.37 on Friday. The stock has a market capitalization of $23.13 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $501.24 and a 1-year high of $624.13. The firm’s 50-day moving average price is $587.76 and its two-hundred day moving average price is $574.41.
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.
Further Reading
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- 3 Monster Growth Stocks to Buy Now
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- Overbought Stocks Explained: Should You Trade Them?
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- What is a Secondary Public Offering? What Investors Need to Know
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.