Strategic Financial Concepts LLC Sells 139 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Strategic Financial Concepts LLC reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 17.3% in the second quarter, HoldingsChannel.com reports. The firm owned 665 shares of the exchange traded fund’s stock after selling 139 shares during the period. Strategic Financial Concepts LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $377,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Hancock Prospecting Pty Ltd bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth approximately $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth approximately $1,584,523,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock worth $307,624,000 after purchasing an additional 20,483 shares during the period. JPMorgan Chase & Co. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% in the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after purchasing an additional 28,167 shares during the period. Finally, Waddell & Associates LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% in the first quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock worth $75,535,000 after purchasing an additional 1,325 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $592.98 on Monday. The firm has a market cap of $23.38 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13. The company has a 50 day simple moving average of $596.54 and a two-hundred day simple moving average of $572.44.

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.