Jennison Associates LLC Lowers Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Jennison Associates LLC trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 70.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 561 shares of the exchange traded fund’s stock after selling 1,313 shares during the quarter. Jennison Associates LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $395,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of MDY. Financial & Tax Architects LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $4,743,000. Kestra Advisory Services LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 42.8% during the 1st quarter. Kestra Advisory Services LLC now owns 37,293 shares of the exchange traded fund’s stock valued at $23,001,000 after purchasing an additional 11,174 shares during the last quarter. RFG Advisory LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 50.4% during the 4th quarter. RFG Advisory LLC now owns 8,034 shares of the exchange traded fund’s stock valued at $4,847,000 after purchasing an additional 2,694 shares during the last quarter. Intrua Financial LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $1,792,000. Finally, TD Private Client Wealth LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 72.6% during the 4th quarter. TD Private Client Wealth LLC now owns 6,383 shares of the exchange traded fund’s stock valued at $3,851,000 after purchasing an additional 2,684 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $716.91 on Friday. The stock has a market capitalization of $27.59 billion, a PE ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $568.21 and a 52-week high of $717.35. The company has a 50-day simple moving average of $693.35 and a two-hundred day simple moving average of $663.92.

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.