Rialto Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,467 shares of the exchange traded fund’s stock, valued at approximately $836,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $26,000. West Financial Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $28,000. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $32,000. Brooklyn Investment Group purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $36,000. Finally, Synergy Investment Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $44,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
SPDR S&P MidCap 400 ETF Trust stock opened at $546.20 on Friday. The stock has a market cap of $23.01 billion, a PE ratio of 19.87 and a beta of 1.13. The stock has a 50-day moving average of $577.92 and a two-hundred day moving average of $577.81. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year high of $624.13.
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.
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