Align Financial LLC Invests $86.62 Million in SPDR S&P MidCap 400 ETF Trust $MDY

Align Financial LLC bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 143,581 shares of the exchange traded fund’s stock, valued at approximately $86,620,000. Align Financial LLC owned about 0.37% of SPDR S&P MidCap 400 ETF Trust as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Integrated Advisors Network LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 2.3% during the fourth quarter. Integrated Advisors Network LLC now owns 3,223 shares of the exchange traded fund’s stock worth $1,944,000 after purchasing an additional 73 shares in the last quarter. AQR Capital Management LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 25.2% during the fourth quarter. AQR Capital Management LLC now owns 27,612 shares of the exchange traded fund’s stock worth $16,658,000 after purchasing an additional 5,563 shares in the last quarter. EFG International AG purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $40,000. Colter Lewis Investment Partners LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $387,000. Finally, Prosperity Bancshares Inc purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $770,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $685.87 on Thursday. The business has a 50 day simple moving average of $668.76 and a two-hundred day simple moving average of $641.61. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $547.05 and a 12 month high of $704.12. The stock has a market capitalization of $26.95 billion, a P/E ratio of 18.98 and a beta of 1.01.

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.