Private Wealth Asset Management LLC lessened its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,925 shares of the exchange traded fund’s stock after selling 575 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 0.7% of Private Wealth Asset Management LLC’s holdings, making the stock its 27th biggest position. Private Wealth Asset Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,622,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in MDY. Barnes Dennig Private Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $27,000. Aviso Financial Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $27,000. Alpine Bank Wealth Management acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $32,000. Marshall Investment Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $33,000. Finally, RMG Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $45,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.9%
Shares of MDY stock opened at $594.38 on Wednesday. The stock has a market capitalization of $23.26 billion, a PE ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $624.13. The stock’s 50-day moving average price is $592.51 and its 200 day moving average price is $563.08.
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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