Smith Chas P & Associates PA Cpas Lowers Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Smith Chas P & Associates PA Cpas lowered its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 13.3% in the third quarter, Holdings Channel reports. The institutional investor owned 6,600 shares of the exchange traded fund’s stock after selling 1,010 shares during the period. Smith Chas P & Associates PA Cpas’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,934,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in MDY. Activest Wealth Management increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% during the third quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 30 shares during the period. Brown Lisle Cummings Inc. lifted its position in 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 SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $40,000. Cloud Capital Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $41,000. Finally, ST Germain D J Co. Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $42,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $647.01 on Wednesday. The business has a 50 day simple moving average of $637.03 and a 200-day simple moving average of $610.89. The stock has a market capitalization of $25.12 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month high of $662.65.

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.