Citigroup Inc. Grows Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Citigroup Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 282.8% during the third quarter, HoldingsChannel.com reports. The firm owned 30,993 shares of the exchange traded fund’s stock after acquiring an additional 22,897 shares during the period. Citigroup Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $17,655,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC grew its stake in 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 buying an additional 2,169,344 shares during the period. Granite Bay Wealth Management LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the 2nd 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. US Bancorp DE increased its holdings in SPDR S&P MidCap 400 ETF Trust by 1.1% in 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 in the last quarter. PNC Financial Services Group Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after purchasing an additional 5,825 shares during the period. Finally, Bank of Montreal Can lifted its stake 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 in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $615.02 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $463.89 and a 1-year high of $624.13. The company has a market capitalization of $24.31 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The business has a 50-day moving average of $580.77 and a 200-day moving average of $557.79.

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.