Intrepid Financial Planning Group LLC trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,884 shares of the exchange traded fund’s stock after selling 96 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.9% of Intrepid Financial Planning Group LLC’s portfolio, making the stock its 13th biggest position. Intrepid Financial Planning Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,491,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MDY. J.Safra Asset Management Corp acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $26,000. West Financial Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $28,000. New Wave Wealth Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $32,000. Brooklyn Investment Group acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $36,000. Finally, Synergy Investment Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $44,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 2.4 %
Shares of MDY opened at $535.74 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $511.97 and a 52-week high of $624.13. The stock has a 50 day moving average price of $574.02 and a 200 day moving average price of $576.97. The company has a market capitalization of $22.17 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14.
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.
Featured Stories
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Expert Stock Trading Psychology Tips
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- The 3 Best Retail Stocks to Shop for in August
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.
