Peterson Wealth Management raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,816 shares of the exchange traded fund’s stock after purchasing an additional 60 shares during the period. Peterson Wealth Management’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $969,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of MDY. Barnes Dennig Private Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth approximately $27,000. Aviso Financial Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $27,000. Alpine Bank Wealth Management purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $32,000. Marshall Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $33,000. Finally, Mpwm Advisory Solutions LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $46,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
SPDR S&P MidCap 400 ETF Trust stock opened at $607.37 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The business has a fifty day moving average price of $584.67 and a 200-day moving average price of $554.76. The firm has a market capitalization of $24.06 billion, a P/E ratio of 18.98 and a beta of 1.12.
About SPDR S&P MidCap 400 ETF Trust
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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