MAI Capital Management Acquires 1,144 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

MAI Capital Management grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report) by 0.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 250,159 shares of the exchange traded fund’s stock after buying an additional 1,144 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up 0.9% of MAI Capital Management’s investment portfolio, making the stock its 18th largest holding. MAI Capital Management owned about 0.63% of SPDR S&P MidCap 400 ETF Trust worth $149,102,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MDY. Activest Wealth Management lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% during the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 30 shares during the period. Brown Lisle Cummings Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 110.0% in the third quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 33 shares during the period. Cloud Capital Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $41,000. CoreFirst Bank & Trust acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $40,000. Finally, ST Germain D J Co. Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth about $42,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $653.22 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $662.65. The company has a market cap of $25.36 billion, a PE ratio of 18.98 and a beta of 1.06. The stock has a 50-day moving average of $632.70 and a 200-day moving average of $608.31.

SPDR S&P MidCap 400 ETF Trust Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report).

Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.