FCG Investment Co Grows Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

FCG Investment Co raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,087 shares of the exchange traded fund’s stock after purchasing an additional 60 shares during the period. FCG Investment Co’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $619,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after purchasing an additional 2,169,344 shares during the last quarter. US Bancorp DE lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% during the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after buying an additional 11,719 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% during the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after buying an additional 5,825 shares during the last quarter. Raymond James & Associates increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock valued at $210,230,000 after acquiring an additional 1,811 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in SPDR S&P MidCap 400 ETF Trust by 5.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock worth $193,762,000 after acquiring an additional 19,030 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $598.53 on Friday. The business’s 50-day simple moving average is $589.97 and its two-hundred day simple moving average is $571.21. The company has a market cap of $23.65 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $495.53 and a fifty-two week high of $624.13.

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.