Salomon & Ludwin LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,199 shares of the exchange traded fund’s stock after selling 22 shares during the period. Salomon & Ludwin LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,591,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in MDY. Hancock Prospecting Pty Ltd purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $1,584,523,000. Starr Indemnity & Liability Co purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $35,957,000. SCS Capital Management LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $32,862,000. Finally, Choreo LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 575.6% during the first quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock valued at $28,988,000 after purchasing an additional 46,295 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.2%
NYSEARCA MDY opened at $588.86 on Friday. The stock’s 50-day simple moving average is $593.64 and its two-hundred day simple moving average is $564.17. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $624.13. The company has a market capitalization of $23.37 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12.
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.
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