Financial Life Planners Sells 962 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Financial Life Planners reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 19.2% during the second quarter, HoldingsChannel reports. The firm owned 4,038 shares of the exchange traded fund’s stock after selling 962 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 1.9% of Financial Life Planners’ investment portfolio, making the stock its 12th largest holding. Financial Life Planners’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,288,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Aviso Financial Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $27,000. Marshall Investment Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth $33,000. RMG Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $45,000. Banque Cantonale Vaudoise bought a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $51,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $52,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $586.16 on Friday. The business has a 50 day moving average of $595.72 and a 200-day moving average of $577.36. The company has a market capitalization of $23.11 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13.

SPDR S&P MidCap 400 ETF Trust 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.