Colorado Capital Management Inc. decreased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 13.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 6,152 shares of the exchange traded fund’s stock after selling 946 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 1.4% of Colorado Capital Management Inc.’s holdings, making the stock its 25th largest position. Colorado Capital Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,040,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of MDY. Align Financial LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $86,620,000. SG Americas Securities LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 78.9% in the 1st quarter. SG Americas Securities LLC now owns 153,398 shares of the exchange traded fund’s stock worth $94,610,000 after purchasing an additional 67,638 shares during the last quarter. GHE LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 4,187.5% during the 1st quarter. GHE LLC now owns 51,450 shares of the exchange traded fund’s stock worth $31,732,000 after purchasing an additional 50,250 shares in the last quarter. Fifth Third Bancorp increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 506.3% during the 1st quarter. Fifth Third Bancorp now owns 47,882 shares of the exchange traded fund’s stock worth $29,532,000 after purchasing an additional 39,984 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 903,341 shares of the exchange traded fund’s stock worth $635,355,000 after purchasing an additional 38,573 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Down 1.3%
Shares of MDY stock opened at $659.52 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $568.21 and a 12-month high of $717.35. The company has a market capitalization of $25.42 billion, a P/E ratio of 18.98 and a beta of 1.01. The firm has a 50-day moving average price of $682.77 and a 200 day moving average price of $676.75.
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.
Further Reading
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.
