SG Americas Securities LLC Buys 67,638 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

SG Americas Securities LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 78.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 153,398 shares of the exchange traded fund’s stock after buying an additional 67,638 shares during the quarter. SG Americas Securities LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $94,610,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 177.8% in the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 32 shares during the last quarter. High Point Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $34,000. EFG International AG purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $40,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 51 shares during the last quarter. Finally, Acumen Wealth Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $48,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $691.00 on Monday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $547.05 and a 12 month high of $704.12. The firm’s 50 day moving average is $671.01 and its 200 day moving average is $642.84. The stock has a market capitalization of $27.15 billion, a PE ratio of 18.98 and a beta of 1.01.

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.