Genesis Wealth Advisors LLC reduced its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 7.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,001 shares of the exchange traded fund’s stock after selling 80 shares during the period. Genesis Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $567,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Hancock Prospecting Pty Ltd purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $1,584,523,000. GAMMA Investing LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 527,197.9% during the 1st quarter. GAMMA Investing LLC now owns 1,228,604 shares of the exchange traded fund’s stock valued at $655,436,000 after buying an additional 1,228,371 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock worth $307,624,000 after purchasing an additional 20,483 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 7.0% in the 1st quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after buying an additional 28,167 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY opened at $594.03 on Thursday. The company has a market capitalization of $23.54 billion, a P/E ratio of 18.98 and a beta of 1.12. The stock has a 50-day moving average price of $588.37 and a 200 day moving average price of $557.52. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13.
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.
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