SPDR S&P Midcap 400 MDY

The SPDR S&P Midcap 400 is an exchange traded fund that seeks to provide investment results that, before expenses, track the investment results and yield performance of the S&P Mid Cap 400 Index, a stock market index composed of mid-sized companies, reflecting the distinctive risk and return characteristics of this market segment. SPDR is an acronym for the Standard & Poor's Depositary Receipts, and this fund is managed by State Street Global Advisors, a division of State Street Corporation, headquartered in Boston, Massachusetts.

The fund holds approximately 400 securities across a wide range of sectors and industries, and essentially seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index, with the weight of each stock in the portfolio substantially corresponding to the weight of that stock within the index.

The fund has a quarterly distribution frequency, and its distributor is ALPS Distributors Inc. The trustee of the ETF is The Bank of New York Mellon, and its base currency is USD. The SPDR S&P Midcap 400 exchange traded fund is listed on the NYSE where it trades under the stock ticker MDY.

Track the share price of MDY by adding it to your eToro watchlist.