Janney Montgomery Scott LLC Has $27.41 Million Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Janney Montgomery Scott LLC lowered its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 15.6% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,437 shares of the exchange traded fund’s stock after selling 8,233 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $27,407,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MDY. Sound Income Strategies LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 177.8% in the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 32 shares during the last quarter. High Point Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $34,000. EFG International AG bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $40,000. Thurston Springer Miller Herd & Titak Inc. increased its stake 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 valued at $43,000 after buying an additional 51 shares during the period. Finally, Acumen Wealth Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $48,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $697.92 on Tuesday. The company has a 50 day simple moving average of $676.34 and a 200 day simple moving average of $646.61. The firm has a market cap of $27.42 billion, a PE ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $559.89 and a 1 year high of $704.12.

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.