Modera Wealth Management LLC decreased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 18.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 7,412 shares of the exchange traded fund’s stock after selling 1,706 shares during the period. Modera Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,571,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of MDY. Sound Income Strategies LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 177.8% in the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 32 shares in the last quarter. High Point Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $34,000. EFG International AG purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $40,000. Ascentis Independent Advisors purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 51 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.6%
NYSEARCA:MDY opened at $688.75 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $559.89 and a 12 month high of $704.45. The firm has a fifty day simple moving average of $683.37 and a 200-day simple moving average of $654.04. The company has a market capitalization of $26.88 billion, a P/E ratio of 18.98 and a beta of 1.00.
SPDR S&P MidCap 400 ETF Trust 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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