BlackRock Inc. Has $22.36 Million Position in SPDR S&P MidCap 400 ETF Trust $MDY

BlackRock Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 37.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,797 shares of the exchange traded fund’s stock after buying an additional 8,705 shares during the quarter. BlackRock Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $22,364,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Trust Co. of Vermont bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $1,734,000. OneDigital Investment Advisors LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.3% during the second quarter. OneDigital Investment Advisors LLC now owns 6,083 shares of the exchange traded fund’s stock worth $4,278,000 after acquiring an additional 18 shares in the last quarter. N.E.W. Advisory Services LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 111.1% during the second quarter. N.E.W. Advisory Services LLC now owns 57 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 30 shares in the last quarter. Continuum Advisory LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $82,000. Finally, Argent Trust Co boosted its position in SPDR S&P MidCap 400 ETF Trust by 11.7% during the second quarter. Argent Trust Co now owns 6,009 shares of the exchange traded fund’s stock valued at $4,226,000 after purchasing an additional 628 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $684.93 on Thursday. The stock has a 50 day moving average price of $695.41 and a 200 day moving average price of $669.12. The stock has a market capitalization of $26.36 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 $568.21 and a 52 week high of $717.35.

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.