Independent Advisor Alliance Makes New Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Independent Advisor Alliance bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,016 shares of the exchange traded fund’s stock, valued at approximately $1,148,000.

Other institutional investors have also recently modified their holdings of the company. J.Safra Asset Management Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $26,000. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $28,000. New Wave Wealth Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $32,000. Brooklyn Investment Group acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $36,000. Finally, Synergy Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $44,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY opened at $535.74 on Friday. The business has a fifty day moving average price of $574.02 and a two-hundred day moving average price of $576.97. The stock has a market capitalization of $22.17 billion, a PE ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $511.97 and a fifty-two week high of $624.13.

SPDR S&P MidCap 400 ETF Trust Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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