Oppenheimer Asset Management Inc. Makes New $258,000 Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Oppenheimer Asset Management Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 482 shares of the exchange traded fund’s stock, valued at approximately $258,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Granite Bay Wealth Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after acquiring an additional 2,080,665 shares in the last quarter. Pathstone Holdings LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $485,301,000. Raymond James & Associates raised its holdings in SPDR S&P MidCap 400 ETF Trust by 2.9% during the 2nd quarter. Raymond James & Associates now owns 367,233 shares of the exchange traded fund’s stock worth $196,499,000 after buying an additional 10,447 shares during the period. Scarborough Advisors LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 2,656.0% during the 4th quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock worth $154,137,000 after buying an additional 292,768 shares during the period. Finally, Strategic Financial Concepts LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 41,522.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock worth $127,169,000 after buying an additional 237,092 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.7 %

NYSEARCA MDY opened at $566.52 on Friday. The stock’s 50-day moving average price is $552.03 and its two-hundred day moving average price is $543.23. The company has a market cap 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.

SPDR S&P MidCap 400 ETF Trust Company 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.