BNP Paribas Financial Markets raised its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 58.9% during the fourth quarter, HoldingsChannel reports. The fund owned 245,251 shares of the exchange traded fund’s stock after acquiring an additional 90,902 shares during the quarter. BNP Paribas Financial Markets’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $147,955,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the stock. Zhang Financial LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.7% in the 4th quarter. Zhang Financial LLC now owns 2,591 shares of the exchange traded fund’s stock worth $1,563,000 after acquiring an additional 140 shares during the period. Blueline Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $2,006,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock worth $500,741,000 after acquiring an additional 41,757 shares during the period. Moors & Cabot Inc. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% in the 4th quarter. Moors & Cabot Inc. now owns 1,542 shares of the exchange traded fund’s stock worth $930,000 after acquiring an additional 16 shares during the period. Finally, Newport Capital Group LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1,037.7% in the 4th quarter. Newport Capital Group LLC now owns 114,570 shares of the exchange traded fund’s stock worth $69,118,000 after acquiring an additional 104,500 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Performance
MDY stock opened at $680.61 on Monday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $540.43 and a 52 week high of $685.50. The company has a market capitalization of $26.74 billion, a price-to-earnings ratio of 18.98 and a beta of 1.02. The firm’s 50-day moving average is $650.64 and its two-hundred day moving average is $632.73.
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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