Jennison Associates LLC Acquires 3,071 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Jennison Associates LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 672.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,528 shares of the exchange traded fund’s stock after buying an additional 3,071 shares during the quarter. Jennison Associates LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,128,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Activest Wealth Management increased its holdings in SPDR S&P MidCap 400 ETF Trust by 125.0% in the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 30 shares in the last quarter. Sound Income Strategies LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 177.8% in the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 32 shares in the last quarter. High Point Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $34,000. Cloud Capital Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth about $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 255.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 51 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $664.35 on Monday. SPDR S&P MidCap 400 ETF Trust has a one year low of $528.24 and a one year high of $675.77. The stock has a 50-day moving average of $637.75 and a 200 day moving average of $622.52. The company has a market capitalization of $26.10 billion, a price-to-earnings ratio of 18.98 and a beta of 1.02.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.