Prescott Group Capital Management L.L.C. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 90.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,742 shares of the exchange traded fund’s stock after acquiring an additional 9,400 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 1.2% of Prescott Group Capital Management L.L.C.’s portfolio, making the stock its 15th biggest position. Prescott Group Capital Management L.L.C.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $12,965,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Kestra Advisory Services LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 42.8% in the 1st quarter. Kestra Advisory Services LLC now owns 37,293 shares of the exchange traded fund’s stock valued at $23,001,000 after purchasing an additional 11,174 shares during the last quarter. Kintra Wealth LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 91.4% in the 2nd quarter. Kintra Wealth LLC now owns 1,719 shares of the exchange traded fund’s stock valued at $1,228,000 after buying an additional 821 shares during the period. Passaic Partners LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $19,331,000. Integrated Wealth Concepts LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 120.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 3,832 shares of the exchange traded fund’s stock worth $2,695,000 after buying an additional 2,091 shares during the last quarter. Finally, Gryphon Financial Partners LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 73.1% during the 2nd quarter. Gryphon Financial Partners LLC now owns 3,470 shares of the exchange traded fund’s stock valued at $2,440,000 after buying an additional 1,465 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Performance
MDY stock opened at $676.25 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a one year low of $568.21 and a one year high of $717.35. The firm has a market cap of $26.18 billion, a PE ratio of 18.98 and a beta of 1.01. The firm’s 50 day moving average price is $672.23 and its 200-day moving average price is $666.35.
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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