Eldridge Investment Advisors Inc. cut its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 6.4% in the fourth quarter, HoldingsChannel reports. The firm owned 3,328 shares of the exchange traded fund’s stock after selling 228 shares during the period. Eldridge Investment Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,896,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of MDY. J.Safra Asset Management Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $26,000. West Financial Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $28,000. New Wave Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $32,000. Brooklyn Investment Group bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $36,000. Finally, Synergy Investment Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $44,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 2.4 %
MDY opened at $535.74 on Friday. The firm has a market cap of $22.17 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13. The stock has a fifty day moving average price of $574.02 and a 200-day moving average price of $576.97.
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.
See Also
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- What is the NASDAQ Stock Exchange?
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- What is Insider Trading? What You Can Learn from Insider Trading
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- How to Use the MarketBeat Dividend Calculator
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
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.
