Waddell & Associates LLC boosted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.3% in the 4th quarter, Holdings Channel reports. The firm owned 150,332 shares of the exchange traded fund’s stock after buying an additional 2,001 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for approximately 6.1% of Waddell & Associates LLC’s portfolio, making the stock its 3rd biggest position. Waddell & Associates LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $90,692,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the company. Atria Investments Inc boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% during the third quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock valued at $3,614,000 after purchasing an additional 3,576 shares during the period. NewEdge Wealth LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% during the third quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock valued at $1,190,000 after purchasing an additional 1,320 shares during the period. Savvy Advisors Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $620,000. Daytona Street Capital LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $633,000. Finally, Clear Trail Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $575,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.2%
Shares of MDY opened at $676.25 on Tuesday. The firm has a market capitalization of $26.57 billion, a P/E ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $547.05 and a 12-month high of $690.03. The firm has a fifty day moving average price of $658.74 and a 200-day moving average price of $636.74.
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.
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