HighTower Advisors LLC Raises Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

HighTower Advisors LLC increased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 52.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 219,217 shares of the exchange traded fund’s stock after purchasing an additional 75,426 shares during the period. HighTower Advisors LLC owned 0.55% of SPDR S&P MidCap 400 ETF Trust worth $124,862,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MDY. Raymond James Financial Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $328,419,000. Proficio Capital Partners LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 8,245.4% in the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after acquiring an additional 573,881 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after acquiring an additional 376,929 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after acquiring an additional 248,146 shares during the last quarter. Finally, Arvest Bank Trust Division purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth $137,029,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.1 %

NYSEARCA MDY opened at $531.33 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13. The stock has a market cap of $21.99 billion, a P/E ratio of 18.55 and a beta of 1.14. The stock’s fifty day moving average price is $575.72 and its 200-day moving average price is $577.44.

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.