Heritage Investors Management Corp lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 7.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 45,654 shares of the exchange traded fund’s stock after selling 3,498 shares during the period. Heritage Investors Management Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $32,110,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in MDY. High Point Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $34,000. Ascentis Independent Advisors acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $41,000. EFG International AG acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $40,000. RMG Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $53,000. Finally, Acumen Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $48,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.3%
Shares of MDY stock opened at $716.91 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $568.21 and a 1 year high of $717.35. The firm’s 50 day moving average is $693.35 and its 200-day moving average is $663.92. The firm has a market capitalization of $27.59 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
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