SPDR S&P MidCap 400 ETF Trust $MDY Stake Reduced by Marion Wealth Management

Marion Wealth Management cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 45.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,105 shares of the exchange traded fund’s stock after selling 930 shares during the quarter. Marion Wealth Management’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $626,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MDY. Brighton Jones LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 12.6% in the fourth quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock worth $1,162,000 after acquiring an additional 228 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 14.2% during the first quarter. D.A. Davidson & CO. now owns 1,249 shares of the exchange traded fund’s stock valued at $667,000 after purchasing an additional 155 shares during the last quarter. Lee Danner & Bass Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 23.0% during the first quarter. Lee Danner & Bass Inc. now owns 925 shares of the exchange traded fund’s stock valued at $493,000 after purchasing an additional 173 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $48,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.1% during the first quarter. Envestnet Asset Management Inc. now owns 76,412 shares of the exchange traded fund’s stock valued at $40,764,000 after purchasing an additional 3,011 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.0%

Shares of NYSEARCA MDY opened at $592.70 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month high of $624.13. The company has a market cap of $23.36 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. The business has a fifty day simple moving average of $596.58 and a 200-day simple moving average of $573.08.

About SPDR S&P MidCap 400 ETF Trust

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.