Geneos Wealth Management Inc. cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 16.9% during the fourth quarter, Holdings Channel reports. The firm owned 304 shares of the exchange traded fund’s stock after selling 62 shares during the quarter. Geneos Wealth Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $173,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 16.0% in the second quarter. Thrivent Financial for Lutherans now owns 2,719 shares of the exchange traded fund’s stock valued at $1,455,000 after acquiring an additional 376 shares in the last quarter. Marshall Wace LLP purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $402,000. NewEdge Advisors LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 25.2% in the 2nd quarter. NewEdge Advisors LLC now owns 6,523 shares of the exchange traded fund’s stock valued at $3,490,000 after purchasing an additional 1,312 shares in the last quarter. Truist Financial Corp boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% in the 2nd quarter. Truist Financial Corp now owns 103,975 shares of the exchange traded fund’s stock valued at $55,635,000 after buying an additional 987 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $4,173,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 1.1 %
Shares of NYSEARCA:MDY opened at $596.41 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $495.53 and a fifty-two week high of $624.13. The firm’s 50 day moving average price is $590.44 and its 200 day moving average price is $573.15. The stock has a market cap of $23.57 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.
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.
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