Plancorp LLC increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 65.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,468 shares of the exchange traded fund’s stock after buying an additional 1,376 shares during the quarter. Plancorp LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,319,000 as of its most recent filing with the SEC.
Several other hedge funds have also modified their holdings of MDY. Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 903,341 shares of the exchange traded fund’s stock worth $635,355,000 after acquiring an additional 38,573 shares during the period. Generali Asset Management SPA SGR raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 9.2% during the third quarter. Generali Asset Management SPA SGR now owns 179,949 shares of the exchange traded fund’s stock valued at $118,174,000 after purchasing an additional 15,171 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 11.4% during the second quarter. Envestnet Asset Management Inc. now owns 89,737 shares of the exchange traded fund’s stock valued at $63,115,000 after purchasing an additional 9,210 shares during the period. Cetera Investment Advisers lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.9% during the first quarter. Cetera Investment Advisers now owns 89,367 shares of the exchange traded fund’s stock worth $55,118,000 after purchasing an additional 2,533 shares in the last quarter. Finally, Mirae Asset Securities USA Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 55.2% during the third quarter. Mirae Asset Securities USA Inc. now owns 77,729 shares of the exchange traded fund’s stock worth $51,045,000 after purchasing an additional 27,657 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY stock traded up $4.14 on Friday, hitting $657.82. The stock had a trading volume of 946,852 shares, compared to its average volume of 843,767. The firm has a market capitalization of $25.77 billion, a price-to-earnings ratio of 19.78 and a beta of 1.01. The stock’s 50 day moving average is $670.25 and its 200-day moving average is $666.74. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $568.21 and a 52-week high of $717.35.
About SPDR S&P MidCap 400 ETF Trust
SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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