SPDR S&P MidCap 400 ETF Trust $MDY Holdings Lifted by Newport Capital Group LLC

Newport Capital Group LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1,037.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 114,570 shares of the exchange traded fund’s stock after acquiring an additional 104,500 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 32.8% of Newport Capital Group LLC’s portfolio, making the stock its 2nd biggest position. Newport Capital Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $69,118,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Moore Capital Management LP boosted its holdings in shares of 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 valued at $358,993,000 after acquiring an additional 267,800 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of 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 valued at $274,651,000 after acquiring an additional 240,356 shares during the period. Cornerstone Planning Group LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 564,003.0% in the third quarter. Cornerstone Planning Group LLC now owns 186,154 shares of the exchange traded fund’s stock valued at $110,953,000 after acquiring an additional 186,121 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 28.6% during 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. Finally, Barclays PLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1,259.0% during the third quarter. Barclays PLC now owns 155,506 shares of the exchange traded fund’s stock worth $92,686,000 after purchasing an additional 144,063 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $679.25 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $540.43 and a one year high of $685.50. The stock has a market capitalization of $26.69 billion, a PE ratio of 18.98 and a beta of 1.02. The company has a fifty day moving average of $649.33 and a 200-day moving average of $632.14.

SPDR S&P MidCap 400 ETF Trust 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.