Parsons Capital Management Inc. RI Sells 39 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Parsons Capital Management Inc. RI decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.6% during the 2nd quarter, Holdings Channel reports. The firm owned 2,335 shares of the exchange traded fund’s stock after selling 39 shares during the period. Parsons Capital Management Inc. RI’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $828,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Kelman Lazarov Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 2.1% in the first quarter. Kelman Lazarov Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $2,146,000 after acquiring an additional 127 shares during the period. Dowling & Yahnke LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 19.1% in the second quarter. Dowling & Yahnke LLC now owns 3,758 shares of the exchange traded fund’s stock worth $1,332,000 after acquiring an additional 603 shares during the period. Wealth Alliance Advisory Group LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 3.3% in the second quarter. Wealth Alliance Advisory Group LLC now owns 32,317 shares of the exchange traded fund’s stock worth $11,480,000 after acquiring an additional 1,026 shares during the period. Prescott Group Capital Management L.L.C. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter worth $3,454,000. Finally, Long Road Investment Counsel LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 24.3% in the first quarter. Long Road Investment Counsel LLC now owns 1,535 shares of the exchange traded fund’s stock worth $530,000 after acquiring an additional 300 shares during the period.

MDY stock traded up $6.31 on Friday, reaching $340.82. The company’s stock had a trading volume of 119,010 shares, compared to its average volume of 1,070,319. The business has a fifty day simple moving average of $352.77 and a two-hundred day simple moving average of $348.61. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $284.45 and a 12-month high of $374.10.

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.

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

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