Peterson Wealth Services Grows Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Peterson Wealth Services raised its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 188.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,515 shares of the exchange traded fund’s stock after acquiring an additional 990 shares during the quarter. Peterson Wealth Services’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $914,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its stake in SPDR S&P MidCap 400 ETF Trust by 5.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock valued at $500,741,000 after buying an additional 41,757 shares during the last quarter. Moore Capital Management LP grew its holdings 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 valued at $358,993,000 after buying an additional 267,800 shares during the last quarter. Raymond James Financial Inc. grew its holdings 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 valued at $315,618,000 after buying an additional 2,995 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% during the third quarter. Bank of Montreal Can now owns 502,730 shares of the exchange traded fund’s stock valued at $299,642,000 after buying an additional 1,879 shares during the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 98.3% during the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock valued at $274,651,000 after buying an additional 240,356 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $688.85 on Friday. The firm has a market capitalization of $27.06 billion, a PE ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $547.05 and a 1-year high of $690.03. The company’s fifty day moving average price is $663.19 and its 200-day moving average price is $638.95.

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.