S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
NYSEARCA:MDY

SPDR S&P MidCap 400 ETF Trust (MDY) Price, Holdings, & News

$529.94
-8.14 (-1.51%)
(As of 04/12/2024 ET)
Today's Range
$528.23
$536.88
50-Day Range
$499.26
$556.40
52-Week Range
$424.22
$558.34
Volume
940,026 shs
Average Volume
958,351 shs
Market Capitalization
$21.35 billion
Assets Under Management
$21.26 billion
Dividend Yield
1.14%
Net Expense Ratio
0.22%
MDY stock logo

About SPDR S&P MidCap 400 ETF Trust (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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials. Bank of New York acts as an investment manager.

MDY Stock Price History

MDY ETF News Headlines

Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
SPDR S&P MIDCAP 400 ETF Trust (MDY)
SPDR® S&P MIDCAP 400 ETF Trust (MDY)
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
See More Headlines
Receive MDY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SPDR S&P MidCap 400 ETF Trust and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
SSgA
Fund Name
SPDR S&P MidCap 400 ETF Trust
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:MDY
Inception Date
5/4/1995
Fund Manager
N/A

Fund Focus

Asset Class
Equity
Benchmark
S&P Midcap 400 Index
Category
Size and Style
Focus
Mid Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
402

Fund Statistics

Assets Under Management
$21.26 billion
Average Daily Volume
$934,276.50
Discount/Premium
0.09%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
SSgA Funds Management, Inc.
Custodian
The Bank of New York Mellon Corporation
Distributor
ALPS Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
The Bank of New York Mellon Corporation
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
1,300
Put Options
1,247
Call Options
53
Short Interest
1,250,000 shs

Miscellaneous

Beta
1.12
Creation Unit
25,000
Creation Fee
$3,000.00
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

SPDR S&P MidCap 400 ETF Trust Expenses

TypeMDYMid Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.10%0.34%0.54%0.50%0.51%
Other Expenses0.12%0.36%0.54%0.64%0.58%
Total Expense0.22%0.47%0.70%0.74%0.70%
Fee Waiver0.00%-0.46%-0.55%-0.68%-0.57%
Net Expense0.22%0.37%0.60%0.58%0.58%

SPDR S&P MidCap 400 ETF Trust (MDY) Holdings & Exposure

MDY Sector Exposure

MDY Industry Exposure

Should I Buy SPDR S&P MidCap 400 ETF Trust Stock? MDY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in SPDR S&P MidCap 400 ETF Trust:

  • SPDR S&P MidCap 400 ETF Trust tracks the performance of the S&P MidCap 400 Index, providing exposure to a diversified range of mid-cap companies in the United States.
  • Investing in this ETF allows investors to gain exposure to sectors such as financials, industrials, information technology, consumer discretionary, healthcare, and materials, which can offer diversification benefits.
  • The ETF is managed by Bank of New York, a reputable investment manager, providing professional oversight and management of the fund.
  • Recent positive earnings reports from companies included in the S&P MidCap 400 Index can indicate potential growth opportunities for investors.
  • Investors can benefit from the liquidity and ease of trading that comes with investing in an exchange-traded fund like SPDR S&P MidCap 400 ETF Trust.

Cons

Investors should be bearish about investing in SPDR S&P MidCap 400 ETF Trust for these reasons:

  • As with any investment, there are risks involved in investing in ETFs, including market volatility and potential losses.
  • Investors should carefully consider the expense ratio of the ETF, as higher fees can impact overall returns.
  • Fluctuations in the stock market can affect the performance of the S&P MidCap 400 Index and, consequently, the ETF's performance.
  • Changes in interest rates or economic conditions can impact the sectors represented in the ETF, leading to fluctuations in value.
  • It's important for investors to assess their investment goals and risk tolerance before investing in SPDR S&P MidCap 400 ETF Trust.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these SPDR S&P MidCap 400 ETF Trust pros and cons to contact@marketbeat.com.

MDY ETF - Frequently Asked Questions

How have MDY shares performed in 2024?

SPDR S&P MidCap 400 ETF Trust's stock was trading at $507.38 at the beginning of 2024. Since then, MDY shares have increased by 4.4% and is now trading at $529.94.
View the best growth stocks for 2024 here
.

What does MDY invest in?

SPDR S&P MidCap 400 ETF Trust is a equity fund issued by SSgA. MDY focuses on mid cap investments and follows the S&P Midcap 400 Index. The fund's investments total to approximately $21.26 billion assets under management.

What stocks does SPDR S&P MidCap 400 ETF Trust hold?
What is the management fee for SPDR S&P MidCap 400 ETF Trust?

SPDR S&P MidCap 400 ETF Trust's management fee is 0.10% and has other expenses of 0.12%. The net expense ratio for MDY is 0.22%.

What other stocks do shareholders of SPDR S&P MidCap 400 ETF Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPDR S&P MidCap 400 ETF Trust investors own include AT&T (T), Chevron (CVX), Johnson & Johnson (JNJ), Pfizer (PFE), Walt Disney (DIS), Target (TGT), Costco Wholesale (COST), General Electric (GE), McDonald's (MCD) and NIKE (NKE).

Who are SPDR S&P MidCap 400 ETF Trust's major shareholders?

SPDR S&P MidCap 400 ETF Trust's stock is owned by many different institutional and retail investors. Top institutional investors include Global Assets Advisory LLC (0.55%), Divergent Planning LLC (0.15%), Massmutual Trust Co. FSB ADV (0.14%), First Hawaiian Bank (0.12%), Curbstone Financial Management Corp (0.08%) and First Financial Bank Trust Division (0.05%).

How do I buy shares of SPDR S&P MidCap 400 ETF Trust?

Shares of MDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:MDY) was last updated on 4/14/2024 by MarketBeat.com Staff

From Our Partners