SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Sets New 12-Month High – Here’s What Happened

SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $680.63 and last traded at $677.1950, with a volume of 72900 shares changing hands. The stock had previously closed at $668.83.

SPDR S&P MidCap 400 ETF Trust Stock Performance

The company’s 50-day moving average price is $639.01 and its two-hundred day moving average price is $624.28. The stock has a market cap of $26.52 billion, a PE ratio of 18.98 and a beta of 1.02.

Hedge Funds Weigh In On SPDR S&P MidCap 400 ETF Trust

A number of large investors have recently added to or reduced their stakes in MDY. Brighton Jones LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 12.6% in the 4th quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock worth $1,162,000 after purchasing an additional 228 shares during the period. AQR Capital Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 27.9% in the 1st quarter. AQR Capital Management LLC now owns 6,417 shares of the exchange traded fund’s stock worth $3,423,000 after purchasing an additional 1,401 shares during the period. Integrated Wealth Concepts LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 4.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,023 shares of the exchange traded fund’s stock worth $546,000 after purchasing an additional 42 shares during the period. Walleye Capital LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $317,000. Finally, Jump Financial LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $2,495,000.

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