Synovus Financial Corp Buys 1,086 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Synovus Financial Corp lifted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 9.4% in the third quarter, Holdings Channel reports. The firm owned 12,640 shares of the exchange traded fund’s stock after buying an additional 1,086 shares during the period. Synovus Financial Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,534,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Moore Capital Management LP lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 73.2% in the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after buying an additional 267,800 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in SPDR S&P MidCap 400 ETF Trust by 6.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 613,019 shares of the exchange traded fund’s stock worth $347,263,000 after buying an additional 36,384 shares in the last quarter. Tableaux LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth $317,795,000. Bank of Montreal Can raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the 2nd quarter. Bank of Montreal Can now owns 500,851 shares of the exchange traded fund’s stock worth $283,722,000 after acquiring an additional 1,910 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 98.3% during the 2nd quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after purchasing an additional 240,356 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $654.07 on Friday. The firm has a market capitalization of $25.39 billion, a PE ratio of 18.98 and a beta of 1.06. The business’s 50-day moving average is $630.19 and its two-hundred day moving average is $606.14. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $662.60.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.