SPDR S&P MidCap 400 ETF Trust $MDY Holdings Trimmed by Portland Global Advisors LLC

Portland Global Advisors LLC lowered its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,185 shares of the exchange traded fund’s stock after selling 1,116 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 4.5% of Portland Global Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Portland Global Advisors LLC owned approximately 0.17% of SPDR S&P MidCap 400 ETF Trust worth $38,625,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Measured Risk Portfolios Inc. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% during the second quarter. Measured Risk Portfolios Inc. now owns 716 shares of the exchange traded fund’s stock worth $406,000 after buying an additional 19 shares during the period. Hazlett Burt & Watson Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 5.3% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 377 shares of the exchange traded fund’s stock worth $213,000 after acquiring an additional 19 shares in the last quarter. Bank of Jackson Hole Trust increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.6% in the 2nd quarter. Bank of Jackson Hole Trust now owns 541 shares of the exchange traded fund’s stock valued at $306,000 after purchasing an additional 19 shares during the last quarter. Cambridge Advisors Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the 2nd quarter. Cambridge Advisors Inc. now owns 3,894 shares of the exchange traded fund’s stock valued at $2,206,000 after purchasing an additional 20 shares during the last quarter. Finally, Sax Wealth Advisors LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.5% in the 2nd quarter. Sax Wealth Advisors LLC now owns 657 shares of the exchange traded fund’s stock valued at $372,000 after purchasing an additional 22 shares in the last quarter.

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

SPDR S&P MidCap 400 ETF Trust stock opened at $607.15 on Friday. The company has a fifty day simple moving average of $593.74 and a 200-day simple moving average of $582.32. The stock has a market cap of $23.93 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $614.18.

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.