ETF Market Flows: SPDR S&P MidCap 400 ETF Assets Now 1.29% Following $226.46M Net Flows

ETF Market Flows: SPDR S&P MidCap 400 ETF Assets Now 1.29% Following $226.46M Net Flows

Today were published SPDR S&P MidCap 400 ETF (NYSEARCA:MDY)‘s daily net flows. The ETF registered $226.46M asset inflows for 1.29% increase, reaching $17717.97M after yestarday’s trading session. The chart of SPDR S&P MidCap 400 ETF shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The ETF increased 0.69% or $2.01 on November 21, hitting $294.43. It is down 9.55% since April 20, 2016 and is uptrending. It has outperformed by 5.00% the S&P500.

The ETF’s YTD performance is 9.28%, the 1 year is 6.1% and the 3 year is 6.77%.

The ETF’s average P/E ratio is 19.88, the price to book is 2.13, the price to sales is 1.17 and the price to cashflow is 8.35. SPDR S&P MidCap 400 ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: IDEXX Laboratories Inc. for 0.67% of assets, Whitewave Foods Company (The) C for 0.64%, Ingredion Incorporated Common S for 0.63%, Duke Realty Corporation Common for 0.63%, ResMed Inc. Common Stock for 0.60%, Synopsys Inc. for 0.59%, CDK Global Inc. for 0.57%, Alexandria Real Estate Equities for 0.56%, Alleghany Corporation Common St for 0.53%, Regency Centers Corporation Com for 0.53%. The ETF sector weights are: Basic Materials 5.81%, Consumer Cyclical 13.32%, Financial Services 14.11%, Realestate 11.66%, Consumer Defensive 4.58%, Healthcare 7.99%, Utilities 4.92%, Communication Services 0.53%, Energy 4.35%, Industrials 16.82%, Technology 15.91%. The ETF currently as 0% yield.

More notable recent SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) news were published by: Nasdaq.com which released: “SPDR S&P MIDCAP 400 ETF Experiences Big Outflow” on October 21, 2016, also Marketwatch.com with their article: “SPDR S&P MidCap 400 ETF Trust” published on January 31, 2010, Etfdb.com published: “{{ resource.name }}” on February 08, 2010. More interesting news about SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) were released by: Nasdaq.com and their article: “MDY, RJF, INGR, CDK: Large Inflows Detected at ETF” published on November 21, 2016 as well as Marketwatch.com‘s news article titled: “Equity ETFs see massive one-day outflows after surprise Trump victory” with publication date: November 09, 2016.

MDY Company Profile

MidCap SPDRS, Standard & Poor’s Depository Receipts, represent ownership interests in the MidCap SPDR Trust, Series 1 (the Trust), which is a unit investment trust that seeks to match the total return of the Standard & Poor’s Midcap 400 Composite Price Index (the S&P MidCap Index). To accomplish this, the Trust utilizes a full replication approach.

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