Madison Asset Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 246.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,341 shares of the exchange traded fund’s stock after acquiring an additional 59,283 shares during the period. Madison Asset Management LLC owned about 0.21% of SPDR S&P MidCap 400 ETF Trust worth $50,278,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of the business. Activest Wealth Management boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% during the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 30 shares in the last quarter. Sound Income Strategies LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 177.8% during the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 32 shares during the period. High Point Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $34,000. Cloud Capital Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 255.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 51 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.7%
MDY stock opened at $669.05 on Wednesday. The firm has a 50 day moving average of $640.04 and a 200-day moving average of $625.92. The company has a market cap of $26.29 billion, a price-to-earnings ratio of 18.98 and a beta of 1.02. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $537.75 and a 12-month high of $685.50.
SPDR S&P MidCap 400 ETF Trust 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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