Deltec Asset Management LLC Purchases Shares of 780 SPDR S&P MidCap 400 ETF Trust $MDY

Deltec Asset Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 780 shares of the exchange traded fund’s stock, valued at approximately $481,000.

Other hedge funds also recently modified their holdings of the company. Financial & Tax Architects LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $4,743,000. Savvy Advisors Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $620,000. Daytona Street Capital LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $633,000. Clear Trail Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $575,000. Finally, Torrey Payne Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $10,046,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.9%

Shares of NYSEARCA MDY opened at $697.07 on Thursday. The stock has a fifty day simple moving average of $677.65 and a two-hundred day simple moving average of $647.76. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $559.89 and a 1-year high of $704.17. The firm has a market cap of $27.74 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00.

About SPDR S&P MidCap 400 ETF Trust

(Free Report)

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.

See Also

Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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