Financial & Tax Architects LLC Takes $4.74 Million Position in SPDR S&P MidCap 400 ETF Trust $MDY

Financial & Tax Architects LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 7,690 shares of the exchange traded fund’s stock, valued at approximately $4,743,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MDY. Wells Fargo & Company MN grew its stake in SPDR S&P MidCap 400 ETF Trust by 6.9% in the 4th quarter. Wells Fargo & Company MN now owns 1,343,298 shares of the exchange traded fund’s stock valued at $810,385,000 after buying an additional 87,207 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 5.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock valued at $500,741,000 after acquiring an additional 41,757 shares during the period. Moore Capital Management LP lifted 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 acquiring an additional 267,800 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.4% during the fourth quarter. Raymond James Financial Inc. now owns 557,992 shares of the exchange traded fund’s stock worth $336,626,000 after acquiring an additional 28,459 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% during the fourth quarter. Bank of Montreal Can now owns 513,790 shares of the exchange traded fund’s stock worth $309,959,000 after acquiring an additional 11,060 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $703.34 on Wednesday. The firm has a market capitalization of $27.63 billion, a P/E ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a one year low of $559.89 and a one year high of $704.17. The business has a fifty day moving average price of $677.10 and a 200-day moving average price of $647.23.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.