22,988 Shares in SPDR S&P MidCap 400 ETF Trust $MDY Purchased by Sanders Morris Harris LLC

Sanders Morris Harris LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,988 shares of the exchange traded fund’s stock, valued at approximately $15,103,000. SPDR S&P MidCap 400 ETF Trust accounts for approximately 2.0% of Sanders Morris Harris LLC’s investment portfolio, making the stock its 10th biggest holding. Sanders Morris Harris LLC owned about 0.06% of SPDR S&P MidCap 400 ETF Trust at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rogco LP bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $39,000. N.E.W. Advisory Services LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% during the second quarter. N.E.W. Advisory Services LLC now owns 57 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 30 shares during the period. Ascentis Independent Advisors purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $41,000. RMG Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $53,000. Finally, Highland Investment Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $57,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.3%

Shares of MDY traded down $8.60 during mid-day trading on Wednesday, reaching $659.52. The company’s stock had a trading volume of 747,160 shares, compared to its average volume of 848,426. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $568.21 and a 1 year high of $717.35. The company has a market cap of $25.42 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. The business has a fifty day moving average of $683.62 and a 200 day moving average of $676.43.

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.