Prescott Group Capital Management L.L.C. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 90.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,742 shares of the exchange traded fund’s stock after purchasing an additional 9,400 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for approximately 1.2% of Prescott Group Capital Management L.L.C.’s investment portfolio, making the stock its 15th largest holding. Prescott Group Capital Management L.L.C. owned approximately 0.05% of SPDR S&P MidCap 400 ETF Trust worth $12,965,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Signature Equity Partners LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 80.0% during the 3rd quarter. Signature Equity Partners LLC now owns 45 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 20 shares in the last quarter. Rogco LP purchased a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth $39,000. N.E.W. Advisory Services LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 57 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 30 shares during the last quarter. Ascentis Independent Advisors acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $41,000. Finally, Pension & Wealth Management Advisors Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $43,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
MDY stock opened at $676.25 on Wednesday. The firm’s fifty day simple moving average is $672.23 and its 200-day simple moving average is $666.35. The company has a market capitalization of $26.18 billion, a P/E ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $568.21 and a 12 month high of $717.35.
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.
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