Financial & Tax Architects LLC Buys Shares of 7,690 SPDR S&P MidCap 400 ETF Trust $MDY

Financial & Tax Architects LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,690 shares of the exchange traded fund’s stock, valued at approximately $4,743,000.

Several other large investors also recently modified their holdings of MDY. Wells Fargo & Company MN lifted its stake in SPDR S&P MidCap 400 ETF Trust by 6.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,343,298 shares of the exchange traded fund’s stock valued at $810,385,000 after purchasing an additional 87,207 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 5.3% during 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 purchasing an additional 41,757 shares during the period. Moore Capital Management LP increased its position in SPDR S&P MidCap 400 ETF Trust by 73.2% in the second quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after buying an additional 267,800 shares during the last quarter. Raymond James Financial Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 5.4% in the fourth quarter. Raymond James Financial Inc. now owns 557,992 shares of the exchange traded fund’s stock worth $336,626,000 after buying an additional 28,459 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% in 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 buying an additional 11,060 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $703.34 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $559.89 and a 1 year high of $704.17. The stock’s fifty day moving average price is $677.10 and its two-hundred day moving average price is $647.23. The firm has a market cap of $27.63 billion, a PE ratio of 18.98 and a beta of 1.01.

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.