Capital Investment Advisors LLC lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,116 shares of the exchange traded fund’s stock after selling 32 shares during the quarter. Capital Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $636,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also modified their holdings of the company. Ridgewood Investments LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $25,000. Ruedi Wealth Management Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $26,000. Addison Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $27,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $28,000. Finally, Chris Bulman Inc acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $30,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.0 %
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $583.97 on Monday. The firm’s 50-day moving average price is $560.54 and its two-hundred day moving average price is $547.09. The company has a market capitalization of $23.08 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $585.50.
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.
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Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
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