InTrack Investment Management Inc Decreases Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

InTrack Investment Management Inc trimmed its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 4,534 shares of the exchange traded fund’s stock after selling 75 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for 1.8% of InTrack Investment Management Inc’s investment portfolio, making the stock its 11th biggest holding. InTrack Investment Management Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,583,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 4.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 21,291 shares of the exchange traded fund’s stock worth $11,846,000 after buying an additional 921 shares during the last quarter. First Foundation Advisors increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 28.5% in the first quarter. First Foundation Advisors now owns 699 shares of the exchange traded fund’s stock worth $389,000 after acquiring an additional 155 shares during the period. WealthPLAN Partners LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 14.5% during the first quarter. WealthPLAN Partners LLC now owns 1,339 shares of the exchange traded fund’s stock worth $745,000 after purchasing an additional 170 shares during the last quarter. &PARTNERS raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 14.3% during the second quarter. &PARTNERS now owns 1,134 shares of the exchange traded fund’s stock worth $607,000 after purchasing an additional 142 shares during the last quarter. Finally, Brighton Jones LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 25.6% during the second quarter. Brighton Jones LLC now owns 2,047 shares of the exchange traded fund’s stock valued at $1,095,000 after purchasing an additional 417 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $576.01 on Friday. The business’s 50-day moving average is $555.40 and its two-hundred day moving average is $546.09. The company has a market capitalization of $22.76 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $576.28.

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.