Congress Wealth Management LLC DE Has $1.45 Million Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Congress Wealth Management LLC DE boosted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 114.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,551 shares of the exchange traded fund’s stock after buying an additional 1,360 shares during the quarter. Congress Wealth Management LLC DE’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,454,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $328,419,000. Proficio Capital Partners LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 8,245.4% during the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock valued at $330,835,000 after purchasing an additional 573,881 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after purchasing an additional 376,929 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock valued at $151,355,000 after buying an additional 248,146 shares during the period. Finally, Arvest Bank Trust Division bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at approximately $137,029,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $542.06 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year high of $624.13. The firm’s 50 day simple moving average is $568.35 and its 200 day simple moving average is $576.18. The company has a market cap of $22.24 billion, a PE ratio of 18.90 and a beta of 1.14.

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.