Concurrent Investment Advisors LLC trimmed its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 19.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 719 shares of the exchange traded fund’s stock after selling 178 shares during the period. Concurrent Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $407,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in MDY. NorthRock Partners LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 2.6% during the 1st quarter. NorthRock Partners LLC now owns 3,602 shares of the exchange traded fund’s stock worth $1,922,000 after acquiring an additional 91 shares in the last quarter. North Star Asset Management Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 8.1% in the first quarter. North Star Asset Management Inc. now owns 757 shares of the exchange traded fund’s stock valued at $404,000 after purchasing an additional 57 shares during the period. Pasadena Private Wealth LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at approximately $1,200,000. Geneos Wealth Management Inc. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1,275.0% during the first quarter. Geneos Wealth Management Inc. now owns 4,180 shares of the exchange traded fund’s stock worth $2,230,000 after purchasing an additional 3,876 shares during the last quarter. Finally, Modera Wealth Management LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 18.4% during the first quarter. Modera Wealth Management LLC now owns 9,561 shares of the exchange traded fund’s stock worth $5,100,000 after purchasing an additional 1,485 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.2%
Shares of NYSEARCA:MDY opened at $588.86 on Friday. The firm’s 50-day simple moving average is $593.64 and its 200-day simple moving average is $564.17. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13. The company has a market cap of $23.37 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12.
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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