SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Bought by Jennison Associates LLC

Jennison Associates LLC raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 40.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,713 shares of the exchange traded fund’s stock after buying an additional 490 shares during the period. Jennison Associates LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $976,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in SPDR S&P MidCap 400 ETF Trust by 1.2% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after acquiring an additional 18 shares during the last quarter. Asset Management Group Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the second quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock valued at $2,603,000 after purchasing an additional 19 shares during the last quarter. SPC Financial Inc. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.2% during the 3rd quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 19 shares in the last quarter. Pacific Sun Financial Corp raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.8% during the 2nd quarter. Pacific Sun Financial Corp now owns 1,140 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 20 shares during the last quarter. Finally, Bristlecone Advisors LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 0.3% in the 2nd quarter. Bristlecone Advisors LLC now owns 6,374 shares of the exchange traded fund’s stock valued at $3,410,000 after buying an additional 20 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $610.71 on Friday. The business’s fifty day moving average price is $577.41 and its two-hundred day moving average price is $556.29. The stock has a market cap of $24.14 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $463.89 and a one year high of $611.14.

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.