TSG Advice Partners LLC lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 65.7% in the 1st quarter, HoldingsChannel reports. The firm owned 35,383 shares of the exchange traded fund’s stock after selling 67,768 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 3.3% of TSG Advice Partners LLC’s holdings, making the stock its 12th largest holding. TSG Advice Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $21,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MDY. Moore Capital Management LP grew its position in SPDR S&P MidCap 400 ETF Trust by 73.2% during the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares during the period. Corient Private Wealth LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 98.3% in the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after buying an additional 240,356 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 28.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock worth $469,835,000 after buying an additional 175,255 shares during the last quarter. Barclays PLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 1,259.0% during the third quarter. Barclays PLC now owns 155,506 shares of the exchange traded fund’s stock worth $92,686,000 after acquiring an additional 144,063 shares during the period. Finally, Align Financial LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $86,620,000.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.9%
Shares of MDY stock opened at $697.07 on Thursday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $559.89 and a twelve month high of $704.17. The stock has a 50 day moving average of $677.65 and a 200 day moving average of $647.76. The stock has a market cap of $27.74 billion, a P/E ratio of 18.98 and a beta of 1.00.
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.
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