SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 18.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 401,198 shares of the exchange traded fund’s stock after acquiring an additional 61,062 shares during the period. JPMorgan Chase & Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $228,514,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of MDY. J.Safra Asset Management Corp purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $26,000. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $28,000. New Wave Wealth Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $32,000. Brooklyn Investment Group acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $36,000. Finally, CoreFirst Bank & Trust acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $40,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $533.48 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $511.97 and a fifty-two week high of $624.13. The firm has a market capitalization of $21.88 billion, a P/E ratio of 18.90 and a beta of 1.14. The stock has a 50-day simple moving average of $566.02 and a two-hundred day simple moving average of $576.54.

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.