Concurrent Investment Advisors LLC trimmed its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 19.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 719 shares of the exchange traded fund’s stock after selling 178 shares during the period. Concurrent Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $407,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aviso Financial Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $27,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at approximately $27,000. Alpine Bank Wealth Management bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth $32,000. Marshall Investment Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $33,000. Finally, RMG Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $45,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.2%
Shares of NYSEARCA MDY opened at $588.86 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $624.13. The company has a market cap of $23.37 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. The stock’s 50 day simple moving average is $593.64 and its 200 day simple moving average is $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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