Waddell & Associates LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,396 shares of the exchange traded fund’s stock after buying an additional 1,529 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up 9.6% of Waddell & Associates LLC’s investment portfolio, making the stock its largest holding. Waddell & Associates LLC owned about 0.35% of SPDR S&P MidCap 400 ETF Trust worth $72,983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently modified their holdings of MDY. Victory Capital Management Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 115.6% in the 4th quarter. Victory Capital Management Inc. now owns 16,990 shares of the exchange traded fund’s stock valued at $8,620,000 after buying an additional 9,110 shares during the last quarter. Gryphon Financial Partners LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $396,000. Principal Securities Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $233,000. JFS Wealth Advisors LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 64.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 1,101 shares of the exchange traded fund’s stock worth $559,000 after purchasing an additional 432 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in SPDR S&P MidCap 400 ETF Trust by 21.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,700 shares of the exchange traded fund’s stock worth $2,385,000 after purchasing an additional 828 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
SPDR S&P MidCap 400 ETF Trust stock traded down $7.30 during midday trading on Friday, hitting $537.95. 970,495 shares of the company’s stock were exchanged, compared to its average volume of 855,780. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $574.11. The stock has a market cap of $21.26 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm’s 50 day simple moving average is $548.09 and its 200 day simple moving average is $541.21.
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.
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