HighTower Advisors LLC Boosts Stake in SPDR S&P MidCap 400 ETF Trust $MDY

HighTower Advisors LLC lifted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.9% in the third quarter, Holdings Channel reports. The firm owned 237,914 shares of the exchange traded fund’s stock after acquiring an additional 13,231 shares during the period. HighTower Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $141,806,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 12.6% during the fourth quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock worth $1,162,000 after acquiring an additional 228 shares during the last quarter. AQR Capital Management LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 27.9% in the first quarter. AQR Capital Management LLC now owns 6,417 shares of the exchange traded fund’s stock valued at $3,423,000 after purchasing an additional 1,401 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.3% in the first quarter. Integrated Wealth Concepts LLC now owns 1,023 shares of the exchange traded fund’s stock valued at $546,000 after buying an additional 42 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.1% during the second quarter. Sequoia Financial Advisors LLC now owns 1,372 shares of the exchange traded fund’s stock worth $777,000 after buying an additional 54 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 10.1% during the second quarter. Stratos Wealth Partners LTD. now owns 4,345 shares of the exchange traded fund’s stock worth $2,461,000 after buying an additional 400 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.0%

Shares of MDY stock opened at $650.66 on Monday. The stock’s 50-day moving average price is $626.85 and its 200 day moving average price is $604.33. The stock has a market capitalization of $25.26 billion, a PE ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $662.60.

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.