SPX Gestao de Recursos Ltda Makes New Investment in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

SPX Gestao de Recursos Ltda acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 113,906 shares of the exchange traded fund’s stock, valued at approximately $64,879,000. SPDR S&P MidCap 400 ETF Trust comprises about 9.7% of SPX Gestao de Recursos Ltda’s holdings, making the stock its biggest holding. SPX Gestao de Recursos Ltda owned approximately 0.29% of SPDR S&P MidCap 400 ETF Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $26,000. West Financial Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $28,000. New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $32,000. Brooklyn Investment Group acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $36,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $44,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 2.1 %

Shares of NYSEARCA:MDY opened at $534.63 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13. The company’s fifty day simple moving average is $577.24 and its 200 day simple moving average is $578.01. The firm has a market cap of $22.13 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14.

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.