HighTower Advisors LLC lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 236,091 shares of the exchange traded fund’s stock after selling 1,823 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $142,429,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 28.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock worth $469,835,000 after buying an additional 175,255 shares during the period. Moore Capital Management LP boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 73.2% during the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after buying an additional 267,800 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% during the 3rd quarter. Raymond James Financial Inc. now owns 529,533 shares of the exchange traded fund’s stock worth $315,618,000 after buying an additional 2,995 shares during the period. Bank of Montreal Can boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% during the 3rd quarter. Bank of Montreal Can now owns 502,730 shares of the exchange traded fund’s stock worth $299,642,000 after buying an additional 1,879 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 98.3% during the 2nd quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after buying an additional 240,356 shares during the period.
SPDR S&P MidCap 400 ETF Trust Trading Down 1.0%
NYSEARCA MDY opened at $652.12 on Wednesday. The company has a fifty day simple moving average of $641.92 and a 200 day simple moving average of $628.08. The company has a market cap of $25.62 billion, a P/E ratio of 18.98 and a beta of 1.02. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $537.75 and a 1 year high of $685.50.
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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