Berman McAleer LLC lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 22.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,885 shares of the exchange traded fund’s stock after selling 825 shares during the period. Berman McAleer LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,779,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of MDY. Wells Fargo & Company MN grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 6.9% during 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 buying an additional 87,207 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock worth $500,741,000 after acquiring an additional 41,757 shares during the last quarter. Moore Capital Management LP lifted its stake in shares of 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 acquiring an additional 267,800 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 5.4% during the 4th quarter. Raymond James Financial Inc. now owns 557,992 shares of the exchange traded fund’s stock valued at $336,626,000 after acquiring an additional 28,459 shares during the period. Finally, Bank of Montreal Can boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 2.2% during the 4th quarter. Bank of Montreal Can now owns 513,790 shares of the exchange traded fund’s stock valued at $309,959,000 after acquiring an additional 11,060 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Down 1.0%
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $686.82 on Wednesday. The stock’s fifty day moving average is $672.86 and its two-hundred day moving average is $644.08. The company has a market capitalization of $26.99 billion, a PE ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $556.82 and a 52 week high of $704.12.
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.
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