Midwest Financial Group LLC cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,545 shares of the exchange traded fund’s stock after selling 341 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up 2.5% of Midwest Financial Group LLC’s portfolio, making the stock its 10th largest holding. Midwest Financial Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,841,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently made changes to their positions in MDY. Brighton Jones LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 12.6% during the fourth quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock valued at $1,162,000 after purchasing an additional 228 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 27.0% during the first quarter. Parallel Advisors LLC now owns 781 shares of the exchange traded fund’s stock valued at $416,000 after purchasing an additional 166 shares during the last quarter. NBC Securities Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $83,000. Milestone Asset Management LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 7.7% during the first quarter. Milestone Asset Management LLC now owns 683 shares of the exchange traded fund’s stock valued at $365,000 after purchasing an additional 49 shares during the last quarter. Finally, Merit Financial Group LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 97.9% during the first quarter. Merit Financial Group LLC now owns 9,730 shares of the exchange traded fund’s stock valued at $5,191,000 after purchasing an additional 4,814 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.1%
NYSEARCA:MDY opened at $596.03 on Wednesday. The firm has a market capitalization of $23.61 billion, a PE ratio of 18.98 and a beta of 1.12. The stock has a 50 day moving average of $589.57 and a 200-day moving average of $559.46. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week 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.
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