Sanders Morris Harris LLC Makes New $15.10 Million Investment in SPDR S&P MidCap 400 ETF Trust $MDY

Sanders Morris Harris LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 22,988 shares of the exchange traded fund’s stock, valued at approximately $15,103,000. SPDR S&P MidCap 400 ETF Trust accounts for about 2.0% of Sanders Morris Harris LLC’s investment portfolio, making the stock its 10th biggest holding.

Several other hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 903,341 shares of the exchange traded fund’s stock worth $635,355,000 after purchasing an additional 38,573 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% during the 4th quarter. Corient Private Wealth LLC now owns 240,736 shares of the exchange traded fund’s stock worth $145,264,000 after buying an additional 5,156 shares during the period. SG Americas Securities LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 78.9% in the 1st quarter. SG Americas Securities LLC now owns 153,398 shares of the exchange traded fund’s stock valued at $94,610,000 after buying an additional 67,638 shares in the last quarter. Align Financial LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $86,620,000. Finally, Whittier Trust Co. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.0% during the 1st quarter. Whittier Trust Co. now owns 133,073 shares of the exchange traded fund’s stock worth $83,197,000 after purchasing an additional 5,097 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.3%

MDY stock traded down $8.60 during midday trading on Wednesday, reaching $659.52. 747,160 shares of the company’s stock traded hands, compared to its average volume of 848,426. The company has a 50-day simple moving average of $683.62 and a two-hundred day simple moving average of $676.43. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $568.21 and a 1-year high of $717.35. The company has a market cap of $25.42 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.

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.