Kayne Anderson Rudnick Investment Management LLC Raises Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Kayne Anderson Rudnick Investment Management LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 114.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 107,037 shares of the exchange traded fund’s stock after buying an additional 57,113 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC owned about 0.27% of SPDR S&P MidCap 400 ETF Trust worth $57,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in MDY. Asset Management Group Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% in the 2nd quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock worth $2,603,000 after buying an additional 19 shares in the last quarter. Pacific Sun Financial Corp grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.8% during the second quarter. Pacific Sun Financial Corp now owns 1,140 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 20 shares in the last quarter. Bristlecone Advisors LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% during the second quarter. Bristlecone Advisors LLC now owns 6,374 shares of the exchange traded fund’s stock worth $3,410,000 after purchasing an additional 20 shares in the last quarter. TFG Advisers LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 2.6% during the 1st quarter. TFG Advisers LLC now owns 828 shares of the exchange traded fund’s stock valued at $461,000 after purchasing an additional 21 shares during the period. Finally, Garrett Wealth Advisory Group LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 6.4% in the 2nd quarter. Garrett Wealth Advisory Group LLC now owns 397 shares of the exchange traded fund’s stock worth $212,000 after purchasing an additional 24 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $566.52 on Friday. The firm has a market cap of $22.39 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $574.11. The company has a 50 day simple moving average of $552.03 and a two-hundred day simple moving average of $543.23.

SPDR S&P MidCap 400 ETF Trust Company 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.