Dumont & Blake Investment Advisors LLC lowered its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 6.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,711 shares of the exchange traded fund’s stock after selling 1,355 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 2.8% of Dumont & Blake Investment Advisors LLC’s investment portfolio, making the stock its 6th largest position. Dumont & Blake Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $10,599,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the company. Hancock Prospecting Pty Ltd acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $1,584,523,000. Northwestern Mutual Wealth Management Co. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock worth $307,624,000 after buying an additional 20,483 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% during the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after buying an additional 28,167 shares in the last quarter. Finally, Waddell & Associates LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the first quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock worth $75,535,000 after buying an additional 1,325 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.2%
MDY stock opened at $588.86 on Friday. 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 P/E ratio of 18.98 and a beta of 1.12. The firm has a 50 day simple moving average of $593.64 and a 200-day simple moving average of $564.17.
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.
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