Franklin Resources Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 12.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,295 shares of the exchange traded fund’s stock after acquiring an additional 2,207 shares during the period. Franklin Resources Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $10,930,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of MDY. Hancock Prospecting Pty Ltd acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $1,584,523,000. Atlantic Union Bankshares Corp purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $51,517,000. Starr Indemnity & Liability Co acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $35,957,000. Finally, Midwest Trust Co acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $36,377,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
MDY opened at $605.48 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $620.21. The stock has a market capitalization of $23.87 billion, a PE ratio of 18.98 and a beta of 1.06. The firm’s fifty day moving average price is $593.12 and its 200 day moving average price is $581.27.
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.
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