Pincus Capital Management LP Acquires Shares of 3,695 SPDR S&P MidCap 400 ETF Trust $MDY

Pincus Capital Management LP acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,695 shares of the exchange traded fund’s stock, valued at approximately $2,229,000. SPDR S&P MidCap 400 ETF Trust makes up about 1.5% of Pincus Capital Management LP’s holdings, making the stock its 14th biggest position.

Several other large investors also recently modified their holdings of the stock. Atria Investments Inc grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% during the 3rd quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock worth $3,614,000 after purchasing an additional 3,576 shares in the last quarter. NewEdge Wealth LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% during the 3rd quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock worth $1,190,000 after purchasing an additional 1,320 shares in the last quarter. Savvy Advisors Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $620,000. Daytona Street Capital LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $633,000. Finally, Clear Trail Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $575,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $680.02 on Tuesday. The firm has a market cap of $26.72 billion, a P/E ratio of 18.98 and a beta of 1.02. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $540.43 and a 52-week high of $685.50. The business’s fifty day moving average is $651.90 and its 200-day moving average is $633.32.

SPDR S&P MidCap 400 ETF Trust Company 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.