Truist Financial Corp Increases Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Truist Financial Corp boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 125,891 shares of the exchange traded fund’s stock after buying an additional 3,052 shares during the period. Truist Financial Corp owned 0.32% of SPDR S&P MidCap 400 ETF Trust worth $75,035,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brown Lisle Cummings Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 110.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 33 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $40,000. ST Germain D J Co. Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at approximately $42,000. RMG Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $45,000. Finally, Tripletail Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $49,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $634.32 on Thursday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $648.79. The firm has a market cap of $24.88 billion, a PE ratio of 18.98 and a beta of 1.06. The firm’s 50 day moving average price is $615.92 and its 200-day moving average price is $599.00.

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.