FSM Wealth Advisors LLC Has $240,000 Stake in SPDR S&P MidCap 400 ETF Trust $MDY

FSM Wealth Advisors LLC lowered its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 416 shares of the exchange traded fund’s stock after selling 23 shares during the quarter. FSM Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $240,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MDY. Barnes Dennig Private Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $27,000. Aviso Financial Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $27,000. Alpine Bank Wealth Management acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $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 acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $45,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $599.29 on Friday. The business’s 50 day simple moving average is $594.83 and its 200 day simple moving average is $566.58. The company has a market capitalization of $23.79 billion, a P/E ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13.

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.