Means Investment CO. Inc. Cuts Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Means Investment CO. Inc. reduced its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 58.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,955 shares of the exchange traded fund’s stock after selling 8,454 shares during the quarter. Means Investment CO. Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,549,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Activest Wealth Management lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% during the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 30 shares in the last quarter. Brown Lisle Cummings Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 110.0% in the third quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 33 shares during the period. CoreFirst Bank & Trust purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $40,000. Cloud Capital Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $41,000. Finally, ST Germain D J Co. Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $42,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.1%

Shares of MDY opened at $655.67 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $657.43. The stock has a market cap of $25.45 billion, a PE ratio of 18.98 and a beta of 1.06. The firm’s fifty day moving average is $623.14 and its two-hundred day moving average is $602.49.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.