Motco Raises Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Motco raised its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 9,385 shares of the exchange traded fund’s stock after buying an additional 294 shares during the period. Motco’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,402,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Hancock Prospecting Pty Ltd purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $1,584,523,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock valued at $307,624,000 after buying an additional 20,483 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% during the 1st quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock valued at $229,058,000 after buying an additional 28,167 shares during the last quarter. Finally, Waddell & Associates LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the 1st quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock valued at $75,535,000 after buying an additional 1,325 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $599.47 on Wednesday. The stock has a 50-day simple moving average of $596.08 and a two-hundred day simple moving average of $570.00. The firm has a market capitalization of $23.52 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13.

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.