ProVise Management Group LLC decreased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 20.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 425 shares of the exchange traded fund’s stock after selling 107 shares during the quarter. ProVise Management Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $227,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Ridgewood Investments LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $25,000. Ruedi Wealth Management Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $26,000. Addison Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $27,000. Chris Bulman Inc bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $38,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY stock opened at $566.52 on Friday. The firm’s 50 day moving average price is $552.03 and its two-hundred day moving average price is $543.17. The stock has a market cap of $22.39 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $574.11.
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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