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

Hsbc Holdings PLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 235.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,685 shares of the exchange traded fund’s stock after purchasing an additional 6,097 shares during the period. 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.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sound Income Strategies LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% in the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 32 shares during the last quarter. High Point Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $34,000. EFG International AG bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $40,000. Thurston Springer Miller Herd & Titak Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 255.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 51 shares in the last quarter. Finally, Acumen Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $48,000.

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

Shares of NYSEARCA MDY opened at $690.22 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $559.89 and a 1-year high of $704.45. The company has a market cap of $27.14 billion, a PE ratio of 18.98 and a beta of 1.00. The company has a 50-day moving average of $680.94 and a two-hundred day moving average of $651.18.

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.