Golden State Wealth Management LLC Trims Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Golden State Wealth Management LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 35.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,076 shares of the exchange traded fund’s stock after selling 2,244 shares during the quarter. Golden State Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hancock Prospecting Pty Ltd bought a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $1,584,523,000. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 3.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock valued at $307,624,000 after acquiring an additional 20,483 shares during the last quarter. Bank of Montreal Can lifted its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% during the second quarter. Bank of Montreal Can now owns 500,851 shares of the exchange traded fund’s stock valued at $283,722,000 after purchasing an additional 1,910 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% during the 1st quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after acquiring an additional 28,167 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.7%

NYSEARCA MDY opened at $591.43 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The stock’s 50-day moving average price is $596.34 and its two-hundred day moving average price is $573.81. The company has a market cap of $23.31 billion, a PE ratio of 18.98 and a beta of 1.06.

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.