Means Investment CO. Inc. trimmed its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 17.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,065 shares of the exchange traded fund’s stock after selling 1,243 shares during the quarter. Means Investment CO. Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,983,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of MDY. Northwestern Mutual Wealth Management Co. lifted its stake 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 valued at $635,355,000 after purchasing an additional 38,573 shares during the last quarter. Generali Asset Management SPA SGR grew its holdings in 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 worth $118,174,000 after purchasing an additional 15,171 shares during the period. Envestnet Asset Management Inc. grew its holdings in 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 worth $63,115,000 after purchasing an additional 9,210 shares during the period. Cetera Investment Advisers increased its position in 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 buying an additional 2,533 shares during the last quarter. Finally, Mirae Asset Securities USA Inc. increased its position in 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 buying an additional 27,657 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
NYSEARCA:MDY opened at $657.82 on Monday. The stock’s 50 day moving average price is $670.25 and its two-hundred day moving average price is $666.74. The firm has a market capitalization of $25.77 billion, a price-to-earnings ratio of 19.78 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $568.21 and a 12-month high of $717.35.
SPDR S&P MidCap 400 ETF Trust Company Profile
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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