First Horizon Corp Makes New $6.72 Million Investment in SPDR S&P MidCap 400 ETF Trust $MDY

First Horizon Corp purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,282 shares of the exchange traded fund’s stock, valued at approximately $6,724,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MDY. Brown Lisle Cummings Inc. boosted its holdings in 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 period. CoreFirst Bank & Trust acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $40,000. ST Germain D J Co. Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $42,000. RMG Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $45,000. Finally, Tripletail Wealth Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $49,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.9%

Shares of MDY opened at $631.38 on Monday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $632.21. The firm’s 50 day moving average price is $603.24 and its 200 day moving average price is $593.62. The company has a market cap of $25.08 billion, a P/E ratio of 18.98 and a beta of 1.06.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.