Ieq Capital LLC Purchases 1,200 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Ieq Capital LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 17.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,921 shares of the exchange traded fund’s stock after acquiring an additional 1,200 shares during the period. Ieq Capital LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,238,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ridgewood Investments LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $25,000. Ruedi Wealth Management Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $26,000. Addison Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $27,000. Chris Bulman Inc acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $38,000.

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

Shares of MDY stock opened at $566.52 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $574.11. The firm has a fifty day moving average of $552.03 and a 200-day moving average of $543.17. The company has a market capitalization of $22.39 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.