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NYSEARCA:MDY

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

$561.73
+9.55 (+1.73%)
(As of 07/26/2024 ET)
Today's Range
$556.27
$562.84
50-Day Range
$527.53
$568.92
52-Week Range
$424.22
$569.98
Volume
840,671 shs
Average Volume
880,313 shs
Market Capitalization
$22.20 billion
Assets Under Management
$22.29 billion
Dividend Yield
1.08%
Net Expense Ratio
0.24%
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

MDY: Growth Will Outperform The S&P 500 Index
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
SPDR S&P MIDCAP 400 ETF Trust (MDY)
SPDR® S&P MIDCAP 400 ETF Trust (MDY)
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
See More Headlines
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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
$22.29 billion
Average Daily Volume
$837,006.40
Discount/Premium
-0.34%

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
169
Put Options
93
Call Options
76
Short Interest
1,270,000 shs

Miscellaneous

Beta
1.09
Creation Unit
25,000
Creation Fee
$3,000.00
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SPDR S&P MidCap 400 ETF Trust Expenses

TypeMDYMid Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.10%0.34%0.54%0.51%0.51%
Other Expenses0.14%0.55%0.50%0.59%0.54%
Total Expense0.24%0.53%0.70%0.74%0.71%
Fee Waiver0.00%-0.80%-0.54%-0.69%-0.59%
Net Expense0.24%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:

  • Provides exposure to a diversified portfolio of mid-cap companies in the United States equities market.
  • Tracks the performance of the S&P MidCap 400 Index, which includes companies with strong earnings history.
  • Offers investment sectors such as financials, industrials, information technology, consumer discretionary, healthcare, and materials for diversification.
  • Managed by Bank of New York, a reputable investment manager.
  • Current stock price is favorable for potential entry points.

Cons

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

  • Mid-cap companies can be more volatile compared to large-cap companies, leading to higher risk.
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 Monday, July 1, 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 this year?

SPDR S&P MidCap 400 ETF Trust's stock was trading at $507.38 on January 1st, 2024. Since then, MDY stock has increased by 10.7% and is now trading at $561.73.
View the best growth stocks for 2024 here
.

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

SPDR S&P MidCap 400 ETF Trust's top institutional investors include Granite Bay Wealth Management LLC (5.35%), Raymond James & Associates (0.93%), Bank of New York Mellon Corp (0.44%) and Raymond James Financial Services Advisors Inc. (0.37%).

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.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Costco Wholesale (COST).

This page (NYSEARCA:MDY) was last updated on 7/27/2024 by MarketBeat.com Staff

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