Goldman Sachs Group Inc. reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,028,201 shares of the exchange traded fund’s stock after selling 28,686 shares during the quarter. Goldman Sachs Group Inc. owned about 2.65% of SPDR S&P MidCap 400 ETF Trust worth $620,293,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the stock. Pincus Capital Management LP acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $2,229,000. Charter Research & Investment Group Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.4% during the 4th quarter. Charter Research & Investment Group Inc. now owns 6,334 shares of the exchange traded fund’s stock worth $3,821,000 after buying an additional 86 shares during the period. Opulen Financial Group LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 16.8% during the 4th quarter. Opulen Financial Group LLC now owns 1,363 shares of the exchange traded fund’s stock worth $822,000 after buying an additional 196 shares during the period. Essex Financial Services Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the 4th quarter. Essex Financial Services Inc. now owns 2,709 shares of the exchange traded fund’s stock worth $1,634,000 after buying an additional 97 shares during the period. Finally, BNP Paribas Financial Markets grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 58.9% in the 4th quarter. BNP Paribas Financial Markets now owns 245,251 shares of the exchange traded fund’s stock valued at $147,955,000 after purchasing an additional 90,902 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY opened at $685.50 on Thursday. The stock has a 50 day simple moving average of $655.05 and a 200 day simple moving average of $634.63. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $547.05 and a 52-week high of $687.10. The firm has a market capitalization of $26.93 billion, a PE ratio of 18.98 and a beta of 1.02.
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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