Baer Investment Advisory LLC Makes New $2.61 Million Investment in SPDR S&P MidCap 400 ETF Trust $MDY

Baer Investment Advisory LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,236 shares of the exchange traded fund’s stock, valued at approximately $2,613,000.

Other large investors have also recently made changes to their positions in the company. Moore Capital Management LP raised its position in SPDR S&P MidCap 400 ETF Trust by 73.2% during the 2nd 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. Corient Private Wealth LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 98.3% in the 2nd quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock valued at $274,651,000 after acquiring an additional 240,356 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 28.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock worth $469,835,000 after acquiring an additional 175,255 shares during the period. Barclays PLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1,259.0% in the third quarter. Barclays PLC now owns 155,506 shares of the exchange traded fund’s stock worth $92,686,000 after acquiring an additional 144,063 shares during the period. Finally, Align Financial LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $86,620,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY opened at $693.70 on Friday. The company has a market capitalization of $27.60 billion, a PE ratio of 18.98 and a beta of 1.00. The company has a fifty day moving average of $678.82 and a 200 day moving average of $648.65. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $559.89 and a 1 year high of $704.45.

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.