Nemes Rush Group LLC Has $1.01 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Nemes Rush Group LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,770 shares of the exchange traded fund’s stock after buying an additional 93 shares during the quarter. Nemes Rush Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,008,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in MDY. J.Safra Asset Management Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $26,000. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $28,000. New Wave Wealth Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $32,000. Brooklyn Investment Group acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $36,000. Finally, CoreFirst Bank & Trust bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $40,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $533.48 on Tuesday. The business has a 50-day simple moving average of $566.02 and a two-hundred day simple moving average of $576.54. The company has a market capitalization of $21.88 billion, a P/E ratio of 18.90 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $511.97 and a 52-week high of $624.13.

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.