Jennison Associates LLC Increases Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Jennison Associates LLC boosted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 672.0% during the 4th quarter, HoldingsChannel reports. The firm owned 3,528 shares of the exchange traded fund’s stock after purchasing an additional 3,071 shares during the period. Jennison Associates LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,128,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in SPDR S&P MidCap 400 ETF Trust by 28.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock worth $469,835,000 after purchasing an additional 175,255 shares during the last quarter. Moore Capital Management LP boosted its position in SPDR S&P MidCap 400 ETF Trust by 73.2% in 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 during the last quarter. Raymond James Financial Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 0.6% in 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 during the last quarter. Bank of Montreal Can boosted its position in SPDR S&P MidCap 400 ETF Trust by 0.4% in the third quarter. Bank of Montreal Can now owns 502,730 shares of the exchange traded fund’s stock worth $299,642,000 after purchasing an additional 1,879 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 98.3% in the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after purchasing an additional 240,356 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $664.35 on Monday. The stock has a market capitalization of $26.10 billion, a price-to-earnings ratio of 18.98 and a beta of 1.02. The stock’s 50-day simple moving average is $637.75 and its two-hundred day simple moving average is $622.52. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $528.24 and a 52-week high of $675.77.

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.