Fifth Third Bancorp increased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 506.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,882 shares of the exchange traded fund’s stock after purchasing an additional 39,984 shares during the period. Fifth Third Bancorp owned 0.12% of SPDR S&P MidCap 400 ETF Trust worth $29,532,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in MDY. Moors & Cabot Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% in the fourth quarter. Moors & Cabot Inc. now owns 1,542 shares of the exchange traded fund’s stock worth $930,000 after buying an additional 16 shares in the last quarter. Colonial Trust Co SC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 2.4% during the 4th quarter. Colonial Trust Co SC now owns 689 shares of the exchange traded fund’s stock valued at $416,000 after buying an additional 16 shares in the last quarter. Lewis Asset Management LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 0.5% during the 4th quarter. Lewis Asset Management LLC now owns 3,681 shares of the exchange traded fund’s stock valued at $2,220,000 after buying an additional 18 shares in the last quarter. PFG Investments LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 2.5% in the 4th quarter. PFG Investments LLC now owns 741 shares of the exchange traded fund’s stock worth $447,000 after acquiring an additional 18 shares during the last quarter. Finally, TD Waterhouse Canada Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 4,965 shares of the exchange traded fund’s stock worth $2,995,000 after acquiring an additional 18 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of MDY opened at $685.98 on Tuesday. The stock has a market capitalization of $27.08 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00. The business’s 50 day simple moving average is $682.11 and its 200-day simple moving average is $652.21. 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.
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