Northwestern Mutual Wealth Management Co. Has $635.36 Million Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Northwestern Mutual Wealth Management Co. boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 903,341 shares of the exchange traded fund’s stock after buying an additional 38,573 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $635,355,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. N.E.W. Advisory Services LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% in the second quarter. N.E.W. Advisory Services LLC now owns 57 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 30 shares during the last quarter. EFG International AG acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $40,000. Ascentis Independent Advisors purchased a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $41,000. Acumen Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $48,000. Finally, Lloyd Advisory Services LLC. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $49,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $687.13 on Tuesday. The stock has a 50-day simple moving average of $695.67 and a 200-day simple moving average of $668.65. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $568.21 and a 52-week high of $717.35. The firm has a market cap of $26.45 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.

SPDR S&P MidCap 400 ETF Trust Company 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.