SPDR S&P MidCap 400 ETF Trust $MDY Shares Purchased by Mirae Asset Securities USA Inc.

Mirae Asset Securities USA Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 55.2% during the third quarter, HoldingsChannel reports. The firm owned 77,729 shares of the exchange traded fund’s stock after purchasing an additional 27,657 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 1.6% of Mirae Asset Securities USA Inc.’s investment portfolio, making the stock its 5th biggest holding. Mirae Asset Securities USA Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $51,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in MDY. Align Financial LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $86,620,000. SG Americas Securities LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 78.9% in the first quarter. SG Americas Securities LLC now owns 153,398 shares of the exchange traded fund’s stock worth $94,610,000 after acquiring an additional 67,638 shares during the period. GHE LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 4,187.5% in the first quarter. GHE LLC now owns 51,450 shares of the exchange traded fund’s stock worth $31,732,000 after acquiring an additional 50,250 shares during the period. Fifth Third Bancorp raised its position in SPDR S&P MidCap 400 ETF Trust by 506.3% in the first quarter. Fifth Third Bancorp now owns 47,882 shares of the exchange traded fund’s stock worth $29,532,000 after acquiring an additional 39,984 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in SPDR S&P MidCap 400 ETF Trust by 4.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 903,341 shares of the exchange traded fund’s stock valued at $635,355,000 after acquiring an additional 38,573 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.0%

MDY opened at $666.11 on Friday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $568.21 and a twelve month high of $717.35. The company’s 50-day moving average price is $682.10 and its two-hundred day moving average price is $677.19. The stock has a market cap of $25.67 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.

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.