Brown Brothers Harriman & Co. cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 14.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,212 shares of the exchange traded fund’s stock after selling 2,979 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,210,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Greystone Financial Group LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $273,000. Wells Fargo & Company MN raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% during the 4th quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock worth $749,171,000 after purchasing an additional 22,417 shares in the last quarter. Legacy Advisors LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.1% during the 4th quarter. Legacy Advisors LLC now owns 17,447 shares of the exchange traded fund’s stock valued at $8,852,000 after buying an additional 517 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 96.9% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 4,398 shares of the exchange traded fund’s stock worth $2,231,000 after purchasing an additional 2,164 shares in the last quarter. Finally, Pathstone Holdings LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $485,301,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
NYSEARCA MDY opened at $555.43 on Monday. The firm has a market cap of $21.95 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock’s 50-day moving average is $549.41 and its two-hundred day moving average is $542.17. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $574.11.
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.
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