State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in New York City, NY, United States.
MDY has IPO date of 1995-05-04, listed on the NYSE, a market capitalization of $24.6B.
State Street SPDR S&P MIDCAP 400 ETF Trust is an exchange-traded fund designed to track the performance of the S&P MidCap 400 Index. The fund achieves its investment objective by holding a diversified portfolio of common stocks included in the index, with each stock's weighting in the portfolio aligned to its respective weight in the underlying index. This approach provides investors with broad exposure to mid-sized US companies across various sectors. The fund is managed by State Street Global Advisors, a leading provider of financial services and investment solutions.
