GTS Securities LLC reduced its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 84.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,546 shares of the exchange traded fund’s stock after selling 40,423 shares during the quarter. GTS Securities LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,307,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wells Fargo & Company MN grew its position 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 in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in SPDR S&P MidCap 400 ETF Trust by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 903,341 shares of the exchange traded fund’s stock worth $635,355,000 after buying an additional 38,573 shares in the last quarter. Moore Capital Management LP lifted 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 in the last quarter. Raymond James Financial Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 5.4% during the fourth quarter. Raymond James Financial Inc. now owns 557,992 shares of the exchange traded fund’s stock valued at $336,626,000 after purchasing an additional 28,459 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in 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 purchasing an additional 11,060 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Down 1.2%
NYSEARCA:MDY opened at $690.55 on Friday. The firm has a market capitalization of $26.58 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $568.21 and a twelve month high of $717.35. The stock’s 50 day moving average price is $695.81 and its two-hundred day moving average price is $668.34.
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.
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