Jennison Associates LLC Raises Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Jennison Associates LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 120.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,835 shares of the exchange traded fund’s stock after buying an additional 1,002 shares during the quarter. Jennison Associates LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $931,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. West Branch Capital LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $25,000. Hazlett Burt & Watson Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 111.1% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 30 shares during the period. Authentikos Wealth Advisory LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth $32,000. Bruce G. Allen Investments LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $44,000. Finally, FinTrust Capital Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth $46,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.3 %

Shares of NYSEARCA MDY opened at $529.38 on Friday. The stock has a market capitalization of $21.54 billion, a PE ratio of 15.15 and a beta of 1.09. The stock’s fifty day simple moving average is $534.69 and its two-hundred day simple moving average is $499.57. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $558.34.

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.