Spire Wealth Management Sells 1,466 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Spire Wealth Management reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 59.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,009 shares of the exchange traded fund’s stock after selling 1,466 shares during the period. Spire Wealth Management’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $572,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Measured Risk Portfolios Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% in the second quarter. Measured Risk Portfolios Inc. now owns 716 shares of the exchange traded fund’s stock valued at $406,000 after buying an additional 19 shares during the period. Hazlett Burt & Watson Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 5.3% during the second quarter. Hazlett Burt & Watson Inc. now owns 377 shares of the exchange traded fund’s stock valued at $213,000 after purchasing an additional 19 shares in the last quarter. Bank of Jackson Hole Trust increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.6% during the second quarter. Bank of Jackson Hole Trust now owns 541 shares of the exchange traded fund’s stock worth $306,000 after buying an additional 19 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% during the first quarter. Stratos Wealth Partners LTD. now owns 3,945 shares of the exchange traded fund’s stock worth $2,105,000 after buying an additional 20 shares in the last quarter. Finally, Cambridge Advisors Inc. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% during the second quarter. Cambridge Advisors Inc. now owns 3,894 shares of the exchange traded fund’s stock worth $2,206,000 after buying an additional 20 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $592.98 on Monday. The company has a fifty day moving average of $596.54 and a 200-day moving average of $572.44. The company has a market capitalization of $23.38 billion, a PE ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week 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.