SCS Capital Management LLC Has $31.53 Million Stake in SPDR S&P MidCap 400 ETF Trust $MDY

SCS Capital Management LLC reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 9.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 55,547 shares of the exchange traded fund’s stock after selling 5,958 shares during the quarter. SCS Capital Management LLC owned approximately 0.14% of SPDR S&P MidCap 400 ETF Trust worth $31,527,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in MDY. Bailard Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.5% during the 2nd quarter. Bailard Inc. now owns 6,731 shares of the exchange traded fund’s stock valued at $3,813,000 after acquiring an additional 350 shares in the last quarter. 1ST Source Bank raised its position in SPDR S&P MidCap 400 ETF Trust by 0.3% in the second quarter. 1ST Source Bank now owns 36,139 shares of the exchange traded fund’s stock worth $20,472,000 after purchasing an additional 119 shares in the last quarter. Tiller Private Wealth Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 1.2% during the second quarter. Tiller Private Wealth Inc. now owns 28,354 shares of the exchange traded fund’s stock worth $16,063,000 after purchasing an additional 333 shares during the period. Congress Asset Management Co. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 115.6% during the second quarter. Congress Asset Management Co. now owns 1,356 shares of the exchange traded fund’s stock valued at $768,000 after purchasing an additional 727 shares in the last quarter. Finally, Financial Partners Group LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.4% during the second quarter. Financial Partners Group LLC now owns 1,857 shares of the exchange traded fund’s stock valued at $1,052,000 after purchasing an additional 25 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.5%

MDY stock opened at $607.15 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $614.18. The business’s 50 day moving average is $593.74 and its 200-day moving average is $582.32. The firm has a market cap of $23.93 billion, a P/E ratio of 18.98 and a beta of 1.06.

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.