Lowery Thomas LLC Acquires Shares of 367 SPDR S&P MidCap 400 ETF Trust $MDY

Lowery Thomas LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 367 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Several other hedge funds also recently added to or reduced their stakes in MDY. Hancock Prospecting Pty Ltd purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $1,584,523,000. Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock worth $307,624,000 after acquiring an additional 20,483 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% during the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after acquiring an additional 28,167 shares during the last quarter. Finally, Waddell & Associates LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the first quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock worth $75,535,000 after acquiring an additional 1,325 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $596.03 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The firm has a market cap of $23.61 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. The stock’s 50-day simple moving average is $589.57 and its 200-day simple moving average is $559.46.

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.