Meritage Portfolio Management Makes New $203,000 Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)


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Meritage Portfolio Management bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 1st quarter, Holdings Channel reports. The firm bought 427 shares of the exchange traded fund’s stock, valued at approximately $203,000.

Other large investors have also recently added to or reduced their stakes in the company. Harvest Volatility Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $26,000. Piscataqua Savings Bank acquired a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $27,000. Baron Silver Stevens Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. Center for Financial Planning Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $31,000. Finally, Meeder Asset Management Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 151.5% in the fourth quarter. Meeder Asset Management Inc. now owns 83 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 50 shares during the last quarter.

Shares of MDY opened at $499.54 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $271.91 and a 52-week high of $507.63. The business’s 50 day moving average price is $486.00 and its two-hundred day moving average price is $436.12.

About SPDR S&P MidCap 400 ETF Trust

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.

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

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