Divergent Planning LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.6% in the second quarter, Holdings Channel.com reports. The fund owned 70,243 shares of the exchange traded fund’s stock after acquiring an additional 3,741 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 7.3% of Divergent Planning LLC’s investment portfolio, making the stock its 3rd biggest position. Divergent Planning LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $40,296,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Hancock Prospecting Pty Ltd acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth approximately $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth $1,584,523,000. Northwestern Mutual Wealth Management Co. raised its stake in SPDR S&P MidCap 400 ETF Trust by 3.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock worth $307,624,000 after buying an additional 20,483 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 7.0% in the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock valued at $229,058,000 after buying an additional 28,167 shares during the period. Finally, Waddell & Associates LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 0.9% during the first quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock valued at $75,535,000 after acquiring an additional 1,325 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Up 1.2%
MDY stock opened at $595.95 on Tuesday. The firm has a market cap of $23.65 billion, a PE ratio of 18.98 and a beta of 1.12. The stock has a 50-day moving average price of $594.18 and a 200-day moving average price of $565.34. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13.
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.
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Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
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