Renaissance Technologies LLC Makes New Investment in SPDR S&P MidCap 400 ETF Trust $MDY

Renaissance Technologies LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 1st quarter, HoldingsChannel.com reports. The firm acquired 12,720 shares of the exchange traded fund’s stock, valued at approximately $7,845,000.

Several other hedge funds have also recently modified their holdings of MDY. Sound Income Strategies LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% in the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 32 shares during the last quarter. High Point Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $34,000. EFG International AG purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $40,000. Ascentis Independent Advisors bought a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter worth $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 255.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 51 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.1%

MDY stock opened at $694.09 on Tuesday. The stock’s fifty day simple moving average is $688.49 and its two-hundred day simple moving average is $659.66. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $567.90 and a 1-year high of $704.45. The stock has a market cap of $26.68 billion, a P/E ratio of 18.98 and a beta of 1.00.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.