Alexis Investment Partners LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 22.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,164 shares of the exchange traded fund’s stock after acquiring an additional 2,594 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 5.8% of Alexis Investment Partners LLC’s holdings, making the stock its 6th largest holding. Alexis Investment Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,485,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the business. Sound Income Strategies LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 177.8% in the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 32 shares during the period. High Point Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $34,000. EFG International AG acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $40,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 51 shares during the last quarter. Finally, Acumen Wealth Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $48,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
NYSEARCA:MDY opened at $703.34 on Wednesday. The firm has a market capitalization of $27.63 billion, a P/E ratio of 18.98 and a beta of 1.01. The business has a 50 day simple moving average of $677.10 and a 200 day simple moving average of $647.23. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $559.89 and a 12-month high of $704.17.
SPDR S&P MidCap 400 ETF Trust 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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