Janney Montgomery Scott LLC Boosts Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Janney Montgomery Scott LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 19.7% in the 2nd quarter, Holdings Channel reports. The fund owned 50,104 shares of the exchange traded fund’s stock after acquiring an additional 8,239 shares during the quarter. Janney Montgomery Scott LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $28,383,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Aviso Financial Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $27,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $27,000. Alpine Bank Wealth Management purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $32,000. Marshall Investment Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $33,000. Finally, City Holding Co. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 80.0% during the 1st quarter. City Holding Co. now owns 90 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 40 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.3%

Shares of MDY stock opened at $597.97 on Thursday. The company has a market cap of $23.69 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. The stock has a 50 day simple moving average of $589.77 and a 200-day simple moving average of $559.73. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $624.13.

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.