Salomon & Ludwin LLC reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,199 shares of the exchange traded fund’s stock after selling 22 shares during the period. Salomon & Ludwin LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,591,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the stock. Hancock Prospecting Pty Ltd bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $1,584,523,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.7% in 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 acquiring an additional 20,483 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% in the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after acquiring an additional 28,167 shares during the period. Finally, Waddell & Associates LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% in the first quarter. Waddell & Associates LLC now owns 141,588 shares of the exchange traded fund’s stock worth $75,535,000 after acquiring an additional 1,325 shares during the period.
SPDR S&P MidCap 400 ETF Trust Price Performance
SPDR S&P MidCap 400 ETF Trust stock opened at $588.86 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The firm has a market capitalization of $23.37 billion, a P/E ratio of 18.98 and a beta of 1.12. The business has a fifty day moving average price of $593.64 and a 200-day moving average price of $564.17.
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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