Peterson Wealth Services raised its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 188.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,515 shares of the exchange traded fund’s stock after purchasing an additional 990 shares during the quarter. Peterson Wealth Services’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $914,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 5.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock worth $500,741,000 after purchasing an additional 41,757 shares during the last quarter. Moore Capital Management LP lifted its stake in SPDR S&P MidCap 400 ETF Trust by 73.2% in the second quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares during the last quarter. Raymond James Financial Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 0.6% in the third quarter. Raymond James Financial Inc. now owns 529,533 shares of the exchange traded fund’s stock worth $315,618,000 after purchasing an additional 2,995 shares during the last quarter. Bank of Montreal Can lifted its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% in the third quarter. Bank of Montreal Can now owns 502,730 shares of the exchange traded fund’s stock worth $299,642,000 after purchasing an additional 1,879 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 98.3% in the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after purchasing an additional 240,356 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of NYSEARCA MDY opened at $688.85 on Friday. The company has a market cap of $27.06 billion, a P/E ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $547.05 and a 1 year high of $690.03. The firm has a 50-day simple moving average of $663.19 and a two-hundred day simple moving average of $638.95.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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