SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Purchased by Raymond James & Associates

Raymond James & Associates lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 369,044 shares of the exchange traded fund’s stock after buying an additional 1,811 shares during the quarter. Raymond James & Associates owned approximately 0.93% of SPDR S&P MidCap 400 ETF Trust worth $210,230,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Granite Bay Wealth Management LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after purchasing an additional 2,080,665 shares during the last quarter. Bank of Montreal Can raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.5% during the 2nd quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock worth $269,741,000 after buying an additional 17,125 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 41,522.2% in the second quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock valued at $127,169,000 after purchasing an additional 237,092 shares in the last quarter. Global Assets Advisory LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at approximately $122,938,000. Finally, MAI Capital Management lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.6% in the first quarter. MAI Capital Management now owns 206,272 shares of the exchange traded fund’s stock valued at $114,770,000 after acquiring an additional 3,294 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $583.97 on Friday. The stock has a market capitalization of $23.08 billion, a P/E ratio of 15.70 and a beta of 1.09. The company has a 50 day moving average price of $560.54 and a two-hundred day moving average price of $547.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $585.50.

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.