LPL Financial LLC Has $93.99 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

LPL Financial LLC grew its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 14.9% during the fourth quarter, Holdings Channel reports. The firm owned 165,022 shares of the exchange traded fund’s stock after purchasing an additional 21,353 shares during the period. LPL Financial LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $93,993,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Citigroup Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 282.8% in the third quarter. Citigroup Inc. now owns 30,993 shares of the exchange traded fund’s stock valued at $17,655,000 after acquiring an additional 22,897 shares in the last quarter. Elios Financial Group Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $404,000. D.A. Davidson & CO. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.5% during the 3rd quarter. D.A. Davidson & CO. now owns 1,108 shares of the exchange traded fund’s stock valued at $632,000 after purchasing an additional 77 shares during the last quarter. FMR LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.4% during the 3rd quarter. FMR LLC now owns 27,731 shares of the exchange traded fund’s stock worth $15,797,000 after purchasing an additional 1,426 shares during the period. Finally, Cynosure Group LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 9.3% in the 3rd quarter. Cynosure Group LLC now owns 446 shares of the exchange traded fund’s stock worth $254,000 after buying an additional 38 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $549.46 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $511.97 and a fifty-two week high of $624.13. The firm has a 50-day moving average of $570.05 and a 200 day moving average of $576.63. The firm has a market cap of $22.54 billion, a P/E ratio of 18.90 and a beta of 1.14.

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.