Howard Capital Management Inc. Acquires 146 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)


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Howard Capital Management Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,698 shares of the exchange traded fund’s stock after buying an additional 146 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 1.1% of Howard Capital Management Inc.’s portfolio, making the stock its 10th largest position. Howard Capital Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,303,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Morgan Stanley raised its holdings in SPDR S&P MidCap 400 ETF Trust by 12.4% during the fourth quarter. Morgan Stanley now owns 1,055,414 shares of the exchange traded fund’s stock worth $443,190,000 after buying an additional 116,401 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in SPDR S&P MidCap 400 ETF Trust by 14.2% during the fourth quarter. Bank of New York Mellon Corp now owns 260,847 shares of the exchange traded fund’s stock worth $109,535,000 after buying an additional 32,415 shares during the last quarter. Alliancebernstein L.P. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 10.0% during the fourth quarter. Alliancebernstein L.P. now owns 143,847 shares of the exchange traded fund’s stock worth $60,404,000 after buying an additional 13,061 shares during the last quarter. Welch & Forbes LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.8% in the 1st quarter. Welch & Forbes LLC now owns 143,168 shares of the exchange traded fund’s stock worth $68,155,000 after acquiring an additional 5,219 shares in the last quarter. Finally, FineMark National Bank & Trust grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% in the 4th quarter. FineMark National Bank & Trust now owns 129,277 shares of the exchange traded fund’s stock worth $54,286,000 after acquiring an additional 762 shares in the last quarter.

MDY traded down $3.44 during trading on Tuesday, hitting $496.10. 106,670 shares of the company traded hands, compared to its average volume of 905,033. SPDR S&P MidCap 400 ETF Trust has a one year low of $271.91 and a one year high of $507.63. The stock’s fifty day moving average is $486.00 and its 200 day moving average is $436.12.

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.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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