Texas Capital Bank Wealth Management Services Inc Purchases 1,602 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Texas Capital Bank Wealth Management Services Inc boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 184.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,469 shares of the exchange traded fund’s stock after acquiring an additional 1,602 shares during the period. Texas Capital Bank Wealth Management Services Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,489,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MDY. Activest Wealth Management boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 125.0% in the third quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 30 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 177.8% in the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 32 shares during the last quarter. High Point Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $34,000. Cloud Capital Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 255.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 51 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $678.56 on Thursday. The business’s 50 day simple moving average is $648.16 and its 200 day simple moving average is $631.53. 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 $26.66 billion, a PE ratio of 18.98 and a beta of 1.02.

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.