HighTower Advisors LLC Purchases 2,621 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

HighTower Advisors LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 143,791 shares of the exchange traded fund’s stock after buying an additional 2,621 shares during the quarter. HighTower Advisors LLC owned approximately 0.36% of SPDR S&P MidCap 400 ETF Trust worth $81,925,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. International Assets Investment Management LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock valued at $1,237,772,000 after buying an additional 2,169,344 shares during the last quarter. Granite Bay Wealth Management LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after acquiring an additional 2,080,665 shares during the last quarter. US Bancorp DE increased its position in SPDR S&P MidCap 400 ETF Trust by 1.1% during the 3rd quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock valued at $606,098,000 after purchasing an additional 11,719 shares during the period. PNC Financial Services Group Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after purchasing an additional 5,825 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in SPDR S&P MidCap 400 ETF Trust by 3.5% during the 2nd quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock worth $269,741,000 after purchasing an additional 17,125 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $611.99 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $476.17 and a 52 week high of $624.13. The firm’s fifty day moving average is $584.36 and its 200-day moving average is $559.59. The firm has a market cap of $24.19 billion, a P/E ratio of 15.70 and a beta of 1.09.

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.