Creative Planning Lowers Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Creative Planning reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 259,522 shares of the exchange traded fund’s stock after selling 5,951 shares during the quarter. Creative Planning’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $138,865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Greystone Financial Group LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $273,000. Pathstone Holdings LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $485,301,000. Lake Street Advisors Group LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $274,000. Gryphon Financial Partners LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $396,000. Finally, Avantax Advisory Services Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.5% during the first quarter. Avantax Advisory Services Inc. now owns 21,291 shares of the exchange traded fund’s stock worth $11,846,000 after purchasing an additional 921 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.1 %

NYSEARCA MDY opened at $569.18 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $574.28. The stock has a market cap of $22.49 billion, a PE ratio of 15.70 and a beta of 1.09. The stock’s 50 day moving average is $553.04 and its 200 day moving average is $544.24.

SPDR S&P MidCap 400 ETF Trust 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.