M Holdings Securities Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 951 shares of the exchange traded fund’s stock, valued at approximately $640,000.
A number of other large investors also recently added to or reduced their stakes in MDY. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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 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 worth $118,174,000 after buying an additional 15,171 shares during the last quarter. 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 worth $63,115,000 after buying an additional 9,210 shares during the last quarter. Cetera Investment Advisers lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 2.9% in the first quarter. Cetera Investment Advisers now owns 89,367 shares of the exchange traded fund’s stock valued at $55,118,000 after buying an additional 2,533 shares during the period. Finally, Mirae Asset Securities USA Inc. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 55.2% in the third quarter. Mirae Asset Securities USA Inc. now owns 77,729 shares of the exchange traded fund’s stock valued at $51,045,000 after buying an additional 27,657 shares during the period.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of NYSEARCA MDY opened at $676.30 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $568.21 and a fifty-two week high of $717.35. The firm has a market capitalization of $26.49 billion, a P/E ratio of 19.78 and a beta of 1.01. The company’s 50 day simple moving average is $669.79 and its 200 day simple moving average is $667.09.
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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