Brown Advisory Inc. Cuts Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Brown Advisory Inc. lessened its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 113,788 shares of the exchange traded fund’s stock after selling 1,051 shares during the quarter. Brown Advisory Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $68,646,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 19.1% in the 4th quarter. Aptus Capital Advisors LLC now owns 1,587 shares of the exchange traded fund’s stock worth $957,000 after acquiring an additional 255 shares in the last quarter. CreativeOne Wealth LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 9.4% in the 4th quarter. CreativeOne Wealth LLC now owns 9,367 shares of the exchange traded fund’s stock worth $5,651,000 after acquiring an additional 803 shares in the last quarter. Marshall Wace LLP purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $19,342,000. Johnson Investment Counsel Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 2.7% in the 4th quarter. Johnson Investment Counsel Inc. now owns 37,726 shares of the exchange traded fund’s stock worth $22,759,000 after acquiring an additional 1,004 shares in the last quarter. Finally, AlTi Global Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 14.0% in the 4th quarter. AlTi Global Inc. now owns 3,247 shares of the exchange traded fund’s stock worth $1,966,000 after acquiring an additional 398 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $693.74 on Monday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $547.05 and a 52-week high of $696.98. The firm has a market capitalization of $27.26 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. The company has a fifty day simple moving average of $664.63 and a 200-day simple moving average of $639.69.

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.