Newton One Investments LLC Takes Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Newton One Investments LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, Holdings Channel reports. The fund bought 121 shares of the exchange traded fund’s stock, valued at approximately $69,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. DiNuzzo Private Wealth Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $28,000. West Financial Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $32,000. Brooklyn Investment Group purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $36,000. Finally, Peterson Financial Group Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth about $68,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $584.08 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $495.53 and a 1-year high of $624.13. The company has a market capitalization of $23.08 billion, a P/E ratio of 15.70 and a beta of 1.09. The firm’s 50 day simple moving average is $589.96 and its 200 day simple moving average is $573.68.

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.