Advisory Services Network LLC Raises Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Advisory Services Network LLC raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYGet Rating) by 9.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,813 shares of the exchange traded fund’s stock after buying an additional 335 shares during the quarter. Advisory Services Network LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,870,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MDY. Alliancebernstein L.P. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 353.8% in the 4th quarter. Alliancebernstein L.P. now owns 578,856 shares of the exchange traded fund’s stock valued at $299,662,000 after buying an additional 451,292 shares in the last quarter. Arvest Trust Co. N A purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $154,450,000. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 419.0% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 318,715 shares of the exchange traded fund’s stock worth $164,933,000 after purchasing an additional 257,307 shares during the period. Canada Pension Plan Investment Board purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth $98,090,000. Finally, MetLife Investment Management LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 154.1% during the 1st quarter. MetLife Investment Management LLC now owns 102,400 shares of the exchange traded fund’s stock worth $50,222,000 after purchasing an additional 62,100 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.8 %

NYSEARCA MDY opened at $433.23 on Monday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $400.05 and a twelve month high of $533.57. The stock has a fifty day simple moving average of $449.23 and a 200-day simple moving average of $454.29.

About SPDR S&P MidCap 400 ETF Trust

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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.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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