ORBA Wealth Advisors L.L.C. Has $956,000 Position in SPDR S&P MidCap 400 ETF Trust $MDY

ORBA Wealth Advisors L.L.C. trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 31.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,688 shares of the exchange traded fund’s stock after selling 770 shares during the period. ORBA Wealth Advisors L.L.C.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $956,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. NorthRock Partners LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 2.6% in the first quarter. NorthRock Partners LLC now owns 3,602 shares of the exchange traded fund’s stock valued at $1,922,000 after acquiring an additional 91 shares during the period. Pasadena Private Wealth LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $1,200,000. North Star Asset Management Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 8.1% during the 1st quarter. North Star Asset Management Inc. now owns 757 shares of the exchange traded fund’s stock worth $404,000 after purchasing an additional 57 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 1,275.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,180 shares of the exchange traded fund’s stock valued at $2,230,000 after purchasing an additional 3,876 shares during the last quarter. Finally, Modera Wealth Management LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 18.4% during the 1st quarter. Modera Wealth Management LLC now owns 9,561 shares of the exchange traded fund’s stock valued at $5,100,000 after purchasing an additional 1,485 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.9%

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $587.59 on Wednesday. The stock has a market capitalization of $23.16 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. The firm’s 50-day moving average price is $596.46 and its two-hundred day moving average price is $573.68. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13.

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.