Moors & Cabot Inc. Boosts Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Moors & Cabot Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,725 shares of the exchange traded fund’s stock after buying an additional 40 shares during the quarter. Moors & Cabot Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $983,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in MDY. J.Safra Asset Management Corp purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $26,000. West Financial Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $28,000. New Wave Wealth Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $32,000. Brooklyn Investment Group purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $36,000. Finally, Synergy Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $44,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.6 %

NYSEARCA:MDY opened at $522.96 on Friday. The stock has a market cap of $21.65 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. The company’s 50 day moving average price is $574.81 and its 200-day moving average price is $577.06. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $511.97 and a 52 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.