Birch Hill Investment Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 628 shares of the exchange traded fund’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Alliancebernstein L.P. lifted its position in SPDR S&P MidCap 400 ETF by 1.5% in the 2nd quarter. Alliancebernstein L.P. now owns 537,556 shares of the exchange traded fund’s stock valued at $170,739,000 after acquiring an additional 7,887 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF by 127.2% during the 2nd quarter. Victory Capital Management Inc. now owns 362,522 shares of the exchange traded fund’s stock worth $115,144,000 after buying an additional 202,951 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of SPDR S&P MidCap 400 ETF by 2.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 269,545 shares of the exchange traded fund’s stock worth $85,613,000 after buying an additional 6,091 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF by 8.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 260,889 shares of the exchange traded fund’s stock worth $85,183,000 after buying an additional 19,223 shares in the last quarter. Finally, MAI Capital Management lifted its position in shares of SPDR S&P MidCap 400 ETF by 1.8% during the 2nd quarter. MAI Capital Management now owns 242,596 shares of the exchange traded fund’s stock worth $77,053,000 after buying an additional 4,252 shares in the last quarter.

SPDR S&P MidCap 400 ETF (MDY) traded down $0.57 during trading on Monday, hitting $343.78. 1,745,200 shares of the company’s stock traded hands, compared to its average volume of 1,136,783. SPDR S&P MidCap 400 ETF has a 1 year low of $301.05 and a 1 year high of $349.16.

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SPDR S&P MidCap 400 ETF 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.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF (NYSEARCA:MDY)

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