LM Advisors LLC lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 39.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,340 shares of the exchange traded fund’s stock after selling 1,544 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 0.8% of LM Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. LM Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,412,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in MDY. Moore Capital Management LP grew its position in SPDR S&P MidCap 400 ETF Trust by 73.2% during 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 buying an additional 267,800 shares during the period. Corient Private Wealth LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 98.3% during the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after purchasing an additional 240,356 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in SPDR S&P MidCap 400 ETF Trust by 28.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock worth $469,835,000 after purchasing an additional 175,255 shares during the period. Barclays PLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 1,259.0% during the third quarter. Barclays PLC now owns 155,506 shares of the exchange traded fund’s stock worth $92,686,000 after purchasing an additional 144,063 shares during the period. Finally, HRT Financial LP boosted its position in SPDR S&P MidCap 400 ETF Trust by 131.9% during the fourth quarter. HRT Financial LP now owns 250,582 shares of the exchange traded fund’s stock worth $151,171,000 after purchasing an additional 142,512 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.7%
Shares of NYSEARCA:MDY opened at $693.74 on Friday. The firm has a market capitalization of $27.26 billion, a PE ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $547.05 and a twelve month high of $696.98. The company has a 50-day moving average price of $664.63 and a two-hundred day moving average price of $639.33.
SPDR S&P MidCap 400 ETF Trust 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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