SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Bought by Congress Asset Management Co.

Congress Asset Management Co. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 214.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,521 shares of the exchange traded fund’s stock after purchasing an additional 1,037 shares during the period. Congress Asset Management Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $866,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of MDY. International Assets Investment Management LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the third quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after buying an additional 2,169,344 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after acquiring an additional 376,929 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the 4th quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after acquiring an additional 248,146 shares during the period. Arvest Bank Trust Division acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $137,029,000. Finally, Washburn Capital Management Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $35,872,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $589.24 on Wednesday. The company has a market cap of $23.29 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $510.45 and a one year high of $624.13. The business’s fifty day moving average is $583.90 and its two-hundred day moving average is $575.92.

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.