Point72 Europe London LLP Makes New $2.40 Million Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Point72 Europe London LLP bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,738 shares of the exchange traded fund’s stock, valued at approximately $2,404,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. West Branch Capital LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $25,000. Hazlett Burt & Watson Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares during the period. Bruce G. Allen Investments LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $44,000. Anchor Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $51,000. Finally, Security National Bank purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $51,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.4 %

Shares of NYSEARCA MDY traded down $2.33 on Tuesday, hitting $533.29. The company had a trading volume of 826,234 shares, compared to its average volume of 895,374. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $558.34. The business has a 50 day moving average of $538.04 and a two-hundred day moving average of $520.92. The firm has a market capitalization of $21.08 billion, a P/E ratio of 15.70 and a beta of 1.09.

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.