Alliancebernstein L.P. Has $148.28 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Alliancebernstein L.P. decreased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 260,324 shares of the exchange traded fund’s stock after selling 19,767 shares during the period. Alliancebernstein L.P. owned about 0.66% of SPDR S&P MidCap 400 ETF Trust worth $148,275,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $328,419,000. Proficio Capital Partners LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 8,245.4% during 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 in the last quarter. Strategic Financial Concepts LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after purchasing an additional 376,929 shares during the last quarter. SG Americas Securities LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the fourth 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 in the last quarter. Finally, Arvest Bank Trust Division acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $137,029,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $536.37 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $511.97 and a 52-week high of $624.13. The company has a market capitalization of $22.00 billion, a PE ratio of 18.90 and a beta of 1.14. The company has a fifty day moving average of $564.73 and a 200-day moving average of $576.41.

SPDR S&P MidCap 400 ETF Trust Company 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.