Naples Global Advisors LLC Reduces Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Naples Global Advisors LLC trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 4,382 shares of the exchange traded fund’s stock after selling 25 shares during the quarter. Naples Global Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,490,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of MDY. NorthRock Partners LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 2.6% during the 1st quarter. NorthRock Partners LLC now owns 3,602 shares of the exchange traded fund’s stock valued at $1,922,000 after acquiring an additional 91 shares during the period. North Star Asset Management Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 8.1% during the 1st quarter. North Star Asset Management Inc. now owns 757 shares of the exchange traded fund’s stock valued at $404,000 after acquiring an additional 57 shares during the period. Pasadena Private Wealth LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $1,200,000. Geneos Wealth Management Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 1,275.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,180 shares of the exchange traded fund’s stock valued at $2,230,000 after acquiring an additional 3,876 shares during the period. Finally, Modera Wealth Management LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 18.4% during the 1st quarter. Modera Wealth Management LLC now owns 9,561 shares of the exchange traded fund’s stock valued at $5,100,000 after acquiring an additional 1,485 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $597.97 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The stock has a market cap of $23.69 billion, a P/E ratio of 18.98 and a beta of 1.12. The firm has a 50-day moving average of $589.77 and a 200 day moving average of $559.73.

About SPDR S&P MidCap 400 ETF Trust

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.