MDY Profile
MDY is not a company, but rather a ticker symbol for the SPDR S&P MidCap 400 ETF, which is an exchange-traded fund that seeks to track the performance of the S&P MidCap 400 Index. The S&P MidCap 400 Index measures the performance of mid-sized companies in the United States, and is considered a benchmark for mid-cap investing.
The MDY ETF has total net assets of approximately $29.4 billion USD and was trading at approximately $531.44 USD per share at the time of its last market close. The ETF has a dividend yield of approximately 1.08%, and its expense ratio is 0.23%.
Investing in the MDY ETF carries risks, including fluctuations in the stock market and the underlying securities in the ETF. Additionally, the ETF may be subject to regulatory, geopolitical, and operational risks. Investors should carefully consider these risks before making any investment decisions.
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