Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 4.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 903,341 shares of the exchange traded fund’s stock after buying an additional 38,573 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 2.35% of SPDR S&P MidCap 400 ETF Trust worth $635,355,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. Financial & Tax Architects LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $4,743,000. Kestra Advisory Services LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 42.8% during the 1st quarter. Kestra Advisory Services LLC now owns 37,293 shares of the exchange traded fund’s stock worth $23,001,000 after purchasing an additional 11,174 shares in the last quarter. RFG Advisory LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 50.4% during the 4th quarter. RFG Advisory LLC now owns 8,034 shares of the exchange traded fund’s stock valued at $4,847,000 after purchasing an additional 2,694 shares during the period. Livet Wealth LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $694,000. Finally, Torrey Payne Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $10,046,000.
SPDR S&P MidCap 400 ETF Trust Stock Down 0.5%
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $687.13 on Tuesday. The stock has a market cap of $26.45 billion, a PE ratio of 18.98 and a beta of 1.01. The business has a fifty day simple moving average of $695.67 and a 200-day simple moving average of $668.65. 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.
Read More
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.
