SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Pegasus Asset Management Inc.

Pegasus Asset Management Inc. lessened its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,988 shares of the exchange traded fund’s stock after selling 84 shares during the period. Pegasus Asset Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,826,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth $27,000. Aviso Financial Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $27,000. Alpine Bank Wealth Management purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $32,000. Marshall Investment Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $33,000. Finally, RMG Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $45,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $577.77 on Monday. The stock’s 50-day simple moving average is $591.81 and its 200-day simple moving average is $562.46. The firm has a market capitalization of $22.61 billion, a PE ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13.

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.