J.Safra Asset Management Corp Takes Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

J.Safra Asset Management Corp acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, HoldingsChannel reports. The fund acquired 45 shares of the exchange traded fund’s stock, valued at approximately $26,000.

A number of other institutional investors have also made changes to their positions in MDY. PNC Financial Services Group Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after acquiring an additional 5,825 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 8,245.4% during the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after purchasing an additional 573,881 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after purchasing an additional 376,929 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.9% during the third quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock worth $193,762,000 after purchasing an additional 19,030 shares during the period. Finally, SG Americas Securities LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1,411.1% during the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after purchasing an additional 248,146 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $551.08 on Thursday. The stock has a market capitalization of $23.21 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $511.97 and a 1-year high of $624.13. The company’s fifty day moving average is $579.15 and its two-hundred day moving average is $578.13.

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.