MDY: January-July 2014 Performance And Historical Seasonality
- The SPDR S&P MidCap 400 ETF was the No. 2 performer ranked by January-July returns among the three most popular ETFs based on the S&P 1500's constituent indexes.
- Meanwhile, the fund's adjusted daily closing share price last month declined to $249.13 from $260.56, a loss of -$11.43, or -4.39 percent.
- Seasonality analysis and U.S. Federal Reserve policy shifts indicate the fund's weakness could continue in the third quarter.