Steph & Co. lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 19.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,800 shares of the exchange traded fund’s stock after selling 933 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 0.6% of Steph & Co.’s investment portfolio, making the stock its 28th largest holding. Steph & Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,495,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Rogco LP bought a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth $39,000. N.E.W. Advisory Services LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% during the second quarter. N.E.W. Advisory Services LLC now owns 57 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 30 shares in the last quarter. Ascentis Independent Advisors bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $41,000. RMG Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $53,000. Finally, Main Street Group LTD purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $56,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
SPDR S&P MidCap 400 ETF Trust stock traded down $11.06 during mid-day trading on Wednesday, reaching $663.94. The stock had a trading volume of 885,688 shares, compared to its average volume of 852,118. SPDR S&P MidCap 400 ETF Trust has a one year low of $568.21 and a one year high of $717.35. The company has a 50-day moving average price of $685.67 and a two-hundred day moving average price of $674.90. The company has a market capitalization of $25.51 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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