Linscomb Wealth Inc. Sells 1,262 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Linscomb Wealth Inc. trimmed its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 9.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,481 shares of the exchange traded fund’s stock after selling 1,262 shares during the quarter. Linscomb Wealth Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,504,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in MDY. Hancock Prospecting Pty Ltd bought a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $1,584,523,000. Starr Indemnity & Liability Co acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $35,957,000. SCS Capital Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $32,862,000. Finally, Choreo LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 575.6% during the 1st quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock worth $28,988,000 after purchasing an additional 46,295 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY stock opened at $589.39 on Friday. The company has a 50 day simple moving average of $596.59 and a 200 day simple moving average of $570.81. The stock has a market cap of $23.23 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13.

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.