Confluence Wealth Services Inc. Takes Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Confluence Wealth Services Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYGet Rating) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 407 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Several other hedge funds have also made changes to their positions in MDY. Morgan Stanley raised its position in SPDR S&P MidCap 400 ETF Trust by 10.5% during the third quarter. Morgan Stanley now owns 1,081,441 shares of the exchange traded fund’s stock worth $520,043,000 after acquiring an additional 102,335 shares in the last quarter. Royal Bank of Canada raised its position in SPDR S&P MidCap 400 ETF Trust by 28.5% during the third quarter. Royal Bank of Canada now owns 518,311 shares of the exchange traded fund’s stock worth $249,245,000 after acquiring an additional 114,871 shares in the last quarter. CHURCHILL MANAGEMENT Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $241,021,000. Raymond James & Associates raised its position in SPDR S&P MidCap 400 ETF Trust by 18.5% during the fourth quarter. Raymond James & Associates now owns 421,687 shares of the exchange traded fund’s stock worth $218,311,000 after acquiring an additional 65,737 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 16.8% in the third quarter. BNP Paribas Arbitrage SA now owns 366,139 shares of the exchange traded fund’s stock valued at $176,069,000 after purchasing an additional 52,688 shares during the period.

MDY stock opened at $443.71 on Friday. The company’s 50-day simple moving average is $474.57 and its 200 day simple moving average is $491.62. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.27 and a 52 week high of $533.57.

About SPDR S&P MidCap 400 ETF Trust (Get Rating)

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.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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