Align Financial LLC Buys New Shares in SPDR S&P MidCap 400 ETF Trust $MDY

Align Financial LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, HoldingsChannel.com reports. The firm bought 143,581 shares of the exchange traded fund’s stock, valued at approximately $86,620,000.

A number of other institutional investors also recently bought and sold shares of the business. Wells Fargo & Company MN lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 6.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,343,298 shares of the exchange traded fund’s stock worth $810,385,000 after buying an additional 87,207 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock worth $500,741,000 after purchasing an additional 41,757 shares in the last quarter. Moore Capital Management LP increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 73.2% during the second quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% during the third quarter. Raymond James Financial Inc. now owns 529,533 shares of the exchange traded fund’s stock worth $315,618,000 after purchasing an additional 2,995 shares in the last quarter. Finally, Bank of Montreal Can increased its position in SPDR S&P MidCap 400 ETF Trust by 2.2% in the 4th quarter. Bank of Montreal Can now owns 513,790 shares of the exchange traded fund’s stock valued at $309,959,000 after acquiring an additional 11,060 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.2%

Shares of MDY stock opened at $685.87 on Thursday. The stock has a market capitalization of $26.95 billion, a PE ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $547.05 and a 52-week high of $704.12. The stock’s 50-day moving average price is $668.76 and its 200 day moving average price is $641.61.

SPDR S&P MidCap 400 ETF Trust Company 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.