AlphaStar Capital Management LLC Has $1.29 Million Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

AlphaStar Capital Management LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,283 shares of the exchange traded fund’s stock after buying an additional 148 shares during the quarter. AlphaStar Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,293,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MDY. Hancock Prospecting Pty Ltd acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $1,584,523,000. Starr Indemnity & Liability Co acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $35,957,000. SCS Capital Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $32,862,000. Finally, Choreo LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 575.6% during the first quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock valued at $28,988,000 after purchasing an additional 46,295 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $592.98 on Friday. The company’s 50-day moving average is $596.54 and its 200 day moving average is $571.43. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13. The firm has a market capitalization of $23.38 billion, a P/E ratio of 18.98 and a beta of 1.06.

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.