ARS Investment Partners LLC Increases Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

ARS Investment Partners LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,535 shares of the exchange traded fund’s stock after acquiring an additional 31 shares during the quarter. ARS Investment Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,444,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the third 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 position 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 purchasing an additional 11,719 shares during the last quarter. PNC Financial Services Group Inc. lifted its position 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 worth $437,979,000 after purchasing an additional 5,825 shares during the last quarter. Bank of Montreal Can lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.5% during the second 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. Finally, Raymond James & Associates lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% during the third quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock worth $210,230,000 after purchasing an additional 1,811 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.4 %

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $591.11 on Tuesday. The stock’s fifty day moving average price is $590.29 and its 200-day moving average price is $570.10. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $490.24 and a 12 month high of $624.13. The firm has a market cap of $23.36 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.