Envestnet Asset Management Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 7.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,453 shares of the exchange traded fund’s stock after purchasing an additional 5,105 shares during the period. Envestnet Asset Management Inc. owned about 0.18% of SPDR S&P MidCap 400 ETF Trust worth $37,698,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of MDY. Oppenheimer Asset Management Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $258,000. CoreCap Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $2,154,000. Pinkerton Retirement Specialists LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $34,041,000. Meeder Advisory Services Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $257,000. Finally, Ullmann Wealth Partners Group LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $689,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of MDY stock opened at $566.52 on Friday. The stock has a market capitalization of $22.39 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $424.22 and a 1-year high of $574.11. The business has a 50-day moving average of $552.03 and a 200 day moving average of $543.17.
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.
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