Focus Partners Advisor Solutions LLC trimmed its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 26.3% during the second quarter, Holdings Channel reports. The firm owned 9,224 shares of the exchange traded fund’s stock after selling 3,288 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,488,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the stock. Wells Fargo & Company MN lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 6.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,343,298 shares of the exchange traded fund’s stock worth $810,385,000 after buying an additional 87,207 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in SPDR S&P MidCap 400 ETF Trust by 5.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock valued at $500,741,000 after acquiring an additional 41,757 shares during the period. Moore Capital Management LP raised its stake 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 worth $358,993,000 after acquiring an additional 267,800 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.4% during the fourth quarter. Raymond James Financial Inc. now owns 557,992 shares of the exchange traded fund’s stock valued at $336,626,000 after acquiring an additional 28,459 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% during the fourth quarter. Bank of Montreal Can now owns 513,790 shares of the exchange traded fund’s stock valued at $309,959,000 after acquiring an additional 11,060 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA:MDY opened at $716.91 on Friday. 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’s fifty day moving average is $693.35 and its 200-day moving average is $663.92. The company has a market capitalization of $27.59 billion, a PE ratio of 18.98 and a beta of 1.01.
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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