Heritage Investors Management Corp cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 7.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,654 shares of the exchange traded fund’s stock after selling 3,498 shares during the quarter. Heritage Investors Management Corp owned approximately 0.12% of SPDR S&P MidCap 400 ETF Trust worth $32,110,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial & Tax Architects LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $4,743,000. Kestra Advisory Services LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 42.8% during the 1st quarter. Kestra Advisory Services LLC now owns 37,293 shares of the exchange traded fund’s stock valued at $23,001,000 after purchasing an additional 11,174 shares during the last quarter. RFG Advisory LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 50.4% in the fourth quarter. RFG Advisory LLC now owns 8,034 shares of the exchange traded fund’s stock valued at $4,847,000 after buying an additional 2,694 shares in the last quarter. Intrua Financial LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $1,792,000. Finally, TD Private Client Wealth LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 72.6% during the fourth quarter. TD Private Client Wealth LLC now owns 6,383 shares of the exchange traded fund’s stock worth $3,851,000 after buying an additional 2,684 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.3%
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $716.91 on Friday. The stock has a market capitalization of $27.59 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. The firm’s 50-day moving average price is $693.35 and its two-hundred day moving average price is $663.92. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $568.21 and a 1-year high of $717.35.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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