Equitable Trust Co. Invests $1.46 Million in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Equitable Trust Co. acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,560 shares of the exchange traded fund’s stock, valued at approximately $1,458,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. International Assets Investment Management LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the third quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after buying an additional 2,169,344 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after buying an additional 376,929 shares in the last quarter. SG Americas Securities LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 1,411.1% during the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock valued at $151,355,000 after purchasing an additional 248,146 shares in the last quarter. Arvest Bank Trust Division purchased a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at $137,029,000. Finally, Washburn Capital Management Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $35,872,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.1 %

MDY opened at $585.97 on Tuesday. The company has a market cap of $23.16 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $501.24 and a 52-week high of $624.13. The firm’s fifty day simple moving average is $587.15 and its two-hundred day simple moving average is $574.91.

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.