Canopy Partners LLC Has $9.70 Million Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Canopy Partners LLC trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,127 shares of the exchange traded fund’s stock after selling 400 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 3.6% of Canopy Partners LLC’s investment portfolio, making the stock its 6th biggest holding. Canopy Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,702,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. RMG Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $45,000. Country Club Bank increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.4% in the 2nd quarter. Country Club Bank now owns 18,911 shares of the exchange traded fund’s stock worth $10,713,000 after acquiring an additional 438 shares in the last quarter. Confluence Wealth Services Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $277,000. Valeo Financial Advisors LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.6% in the 2nd quarter. Valeo Financial Advisors LLC now owns 983 shares of the exchange traded fund’s stock worth $557,000 after acquiring an additional 34 shares in the last quarter. Finally, DAVENPORT & Co LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $714,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $595.07 on Wednesday. The company has a 50-day moving average of $590.85 and a 200 day moving average of $561.44. The firm has a market cap of $23.50 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13.

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.