BW Gestao de Investimentos Ltda. Makes New $15.33 Million Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

BW Gestao de Investimentos Ltda. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 28,645 shares of the exchange traded fund’s stock, valued at approximately $15,327,000. SPDR S&P MidCap 400 ETF Trust accounts for about 0.9% of BW Gestao de Investimentos Ltda.’s holdings, making the stock its 18th biggest position.

Other institutional investors also recently bought and sold shares of the company. Granite Bay Wealth Management LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after purchasing an additional 2,080,665 shares during the period. Wells Fargo & Company MN lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock worth $749,171,000 after buying an additional 22,417 shares during the last quarter. Pathstone Holdings LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $485,301,000. UBS Group AG lifted its position in SPDR S&P MidCap 400 ETF Trust by 2.0% in the 4th quarter. UBS Group AG now owns 611,939 shares of the exchange traded fund’s stock valued at $310,486,000 after purchasing an additional 12,187 shares during the last quarter. Finally, Raymond James & Associates lifted its position in SPDR S&P MidCap 400 ETF Trust by 2.9% in the 2nd quarter. Raymond James & Associates now owns 367,233 shares of the exchange traded fund’s stock valued at $196,499,000 after purchasing an additional 10,447 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock traded up $4.11 during midday trading on Monday, reaching $565.30. 636,700 shares of the company were exchanged, compared to its average volume of 858,301. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $574.11. The company has a market cap of $22.34 billion, a P/E ratio of 15.70 and a beta of 1.09. The company’s 50 day moving average price is $546.56 and its two-hundred day moving average price is $540.23.

SPDR S&P MidCap 400 ETF Trust 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.