Texas Capital Bank Wealth Management Services Inc Has $1.49 Million Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Texas Capital Bank Wealth Management Services Inc raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 184.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,469 shares of the exchange traded fund’s stock after buying an additional 1,602 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,489,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Atria Investments Inc lifted its stake in SPDR S&P MidCap 400 ETF Trust by 143.7% in the third quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock valued at $3,614,000 after buying an additional 3,576 shares during the period. NewEdge Wealth LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 190.8% in the third quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock valued at $1,190,000 after buying an additional 1,320 shares during the period. Savvy Advisors Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $620,000. Daytona Street Capital LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $633,000. Finally, Ashford Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $813,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $678.56 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $540.43 and a 52-week high of $685.50. The business’s 50 day moving average price is $648.16 and its two-hundred day moving average price is $631.53. The firm has a market cap of $26.66 billion, a PE ratio of 18.98 and a beta of 1.02.

SPDR S&P MidCap 400 ETF Trust 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.