Carret Asset Management LLC reduced its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 675 shares of the exchange traded fund’s stock after selling 20 shares during the period. Carret Asset Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $382,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the company. Hancock Prospecting Pty Ltd purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $1,584,523,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock worth $307,624,000 after acquiring an additional 20,483 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% during the 1st quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after acquiring an additional 28,167 shares in the last quarter. Finally, Waddell & Associates LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the 1st quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock worth $75,535,000 after acquiring an additional 1,325 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
SPDR S&P MidCap 400 ETF Trust stock opened at $589.39 on Friday. The company’s fifty day moving average price is $596.59 and its 200 day moving average price is $570.81. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The stock has a market capitalization of $23.23 billion, a P/E ratio of 18.98 and a beta of 1.06.
SPDR S&P MidCap 400 ETF Trust Company 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.
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