Brown Brothers Harriman & Co. Has $9.86 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Brown Brothers Harriman & Co. grew its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,305 shares of the exchange traded fund’s stock after acquiring an additional 153 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,857,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Proficio Capital Partners LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 8,245.4% in the 4th quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after purchasing an additional 573,881 shares during the period. Raymond James Financial Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $328,419,000. JPMorgan Chase & Co. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 18.0% during the fourth quarter. JPMorgan Chase & Co. now owns 401,198 shares of the exchange traded fund’s stock worth $228,514,000 after buying an additional 61,062 shares during the period. Strategic Financial Concepts LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after buying an additional 376,929 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the 4th quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock valued at $151,355,000 after buying an additional 248,146 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $532.23 on Friday. The stock has a market capitalization of $21.83 billion, a price-to-earnings ratio of 18.90 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $511.97 and a 52 week high of $624.13. The stock’s 50 day moving average price is $567.18 and its two-hundred day moving average price is $576.12.

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.