Hsbc Holdings PLC Has $5.25 Million Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Hsbc Holdings PLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 235.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,685 shares of the exchange traded fund’s stock after buying an additional 6,097 shares during the quarter. Hsbc Holdings PLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,245,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Sound Income Strategies LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% during the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 32 shares during the period. High Point Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $34,000. EFG International AG bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $40,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 51 shares in the last quarter. Finally, Acumen Wealth Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $48,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.3%

Shares of MDY stock opened at $690.22 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $559.89 and a 12-month high of $704.45. The company has a market capitalization of $27.14 billion, a P/E ratio of 18.98 and a beta of 1.00. The firm has a 50-day moving average price of $680.94 and a 200 day moving average price of $651.18.

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.