NorthCrest Asset Manangement LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 144.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 6,254 shares of the exchange traded fund’s stock after purchasing an additional 3,691 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,563,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of MDY. Ridgewood Investments LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $25,000. Ruedi Wealth Management Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $26,000. Addison Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $27,000. DiNuzzo Private Wealth Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth approximately $28,000. Finally, Chris Bulman Inc bought a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth approximately $30,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY opened at $567.67 on Friday. The firm has a market cap of $22.43 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $585.50. The business’s 50 day moving average price is $563.46 and its two-hundred day moving average price is $547.98.
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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