Jennison Associates LLC reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 46.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,874 shares of the exchange traded fund’s stock after selling 1,654 shares during the quarter. Jennison Associates LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,156,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in MDY. Moore Capital Management LP grew its stake in SPDR S&P MidCap 400 ETF Trust by 73.2% during the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after buying an additional 267,800 shares during the last quarter. Corient Private Wealth LLC raised its stake in 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 buying an additional 240,356 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in SPDR S&P MidCap 400 ETF Trust by 28.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock valued at $469,835,000 after buying an additional 175,255 shares during the last quarter. Align Financial LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $86,620,000. Finally, HRT Financial LP boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 131.9% in the fourth quarter. HRT Financial LP now owns 250,582 shares of the exchange traded fund’s stock worth $151,171,000 after acquiring an additional 142,512 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY stock opened at $690.13 on Thursday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $559.89 and a fifty-two week high of $704.45. The firm has a market capitalization of $27.01 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00. The stock’s 50-day simple moving average is $684.45 and its 200-day simple moving average is $656.09.
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.
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