SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Sees Large Volume Increase

SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) saw an uptick in trading volume on Monday . 33,212 shares traded hands during mid-day trading, a decline of 96% from the previous session’s volume of 932,305 shares.The stock last traded at $491.25 and had previously closed at $490.09.

The business has a fifty day moving average price of $492.15 and a 200 day moving average price of $489.09.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Joseph P. Lucia & Associates LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $25,000. Capital Analysts LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1,275.0% in the 1st quarter. Capital Analysts LLC now owns 55 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 51 shares during the period. Wagner Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $37,000. Allred Capital Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $39,000. Finally, Clean Yield Group acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $49,000.

SPDR S&P MidCap 400 ETF Trust Company Profile (NYSEARCA:MDY)

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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