Ballentine Partners LLC Boosts Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Ballentine Partners LLC increased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,631 shares of the exchange traded fund’s stock after purchasing an additional 340 shares during the quarter. Ballentine Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,777,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. DiNuzzo Private Wealth Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $28,000. West Financial Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $28,000. Brooklyn Investment Group bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $36,000. Beaird Harris Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth $67,000. Finally, Peterson Financial Group Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at about $68,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $591.11 on Tuesday. The firm’s 50 day moving average price is $590.29 and its 200-day moving average price is $570.10. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $490.24 and a 52-week high of $624.13. The company has a market cap of $23.36 billion, a PE ratio of 15.70 and a beta of 1.09.

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.