J.Safra Asset Management Corp boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 119.1% during the 4th quarter, HoldingsChannel reports. The fund owned 2,022 shares of the exchange traded fund’s stock after buying an additional 1,099 shares during the period. J.Safra Asset Management Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,220,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in MDY. Moore Capital Management LP raised its holdings in SPDR S&P MidCap 400 ETF Trust by 73.2% in the second quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock valued at $358,993,000 after acquiring an additional 267,800 shares in the last quarter. Corient Private Wealth LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 98.3% in the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock valued at $274,651,000 after acquiring an additional 240,356 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 28.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock valued at $469,835,000 after acquiring an additional 175,255 shares in the last quarter. Barclays PLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 1,259.0% in the third quarter. Barclays PLC now owns 155,506 shares of the exchange traded fund’s stock valued at $92,686,000 after acquiring an additional 144,063 shares in the last quarter. Finally, Newport Capital Group LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 1,037.7% in the fourth quarter. Newport Capital Group LLC now owns 114,570 shares of the exchange traded fund’s stock valued at $69,118,000 after acquiring an additional 104,500 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
MDY stock opened at $671.84 on Thursday. The firm has a market cap of $26.40 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $547.05 and a 1-year high of $690.03. The firm has a fifty day moving average price of $661.75 and a two-hundred day moving average price of $638.20.
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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