SCS Capital Management LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 12.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,991 shares of the exchange traded fund’s stock after selling 6,350 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 0.3% of SCS Capital Management LLC’s investment portfolio, making the stock its 26th largest position. SCS Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $30,940,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in MDY. GSA Capital Partners LLP raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 50.2% during the second quarter. GSA Capital Partners LLP now owns 4,759 shares of the exchange traded fund’s stock valued at $3,347,000 after acquiring an additional 1,590 shares during the last quarter. Cowa LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $204,000. Donaldson Capital Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $300,000. Advisor OS LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at $240,000. Finally, Gryphon Financial Partners LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 73.1% in the second quarter. Gryphon Financial Partners LLC now owns 3,470 shares of the exchange traded fund’s stock valued at $2,440,000 after purchasing an additional 1,465 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.3%
Shares of NYSEARCA:MDY opened at $716.91 on Friday. The firm has a market cap of $27.59 billion, a P/E ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $568.21 and a 12-month high of $717.35. The business has a fifty day simple moving average of $693.35 and a 200 day simple moving average of $663.92.
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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