Bailard Inc. Purchases 350 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Bailard Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 6,731 shares of the exchange traded fund’s stock after purchasing an additional 350 shares during the period. Bailard Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,813,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MDY. Hancock Prospecting Pty Ltd purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $1,584,523,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock valued at $307,624,000 after acquiring an additional 20,483 shares in the last quarter. Bank of Montreal Can lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the second quarter. Bank of Montreal Can now owns 500,851 shares of the exchange traded fund’s stock valued at $283,722,000 after acquiring an additional 1,910 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% in the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after acquiring an additional 28,167 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.4%

NYSEARCA:MDY opened at $598.63 on Thursday. The stock has a 50-day moving average price of $596.30 and a 200 day moving average price of $576.82. The stock has a market capitalization of $23.60 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $624.13.

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.