Strategic Blueprint LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 541 shares of the exchange traded fund’s stock, valued at approximately $307,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Hancock Prospecting Pty Ltd acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $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 worth approximately $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 worth approximately $35,957,000. SCS Capital Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $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 worth $28,988,000 after purchasing an additional 46,295 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.5%
Shares of MDY stock opened at $602.47 on Monday. The firm’s 50 day moving average is $595.28 and its 200-day moving average is $568.59. The firm has a market capitalization of $23.64 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13.
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.
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