SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Stake Lessened by Stablepoint Partners LLC

Stablepoint Partners LLC lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 849 shares of the exchange traded fund’s stock after selling 62 shares during the quarter. Stablepoint Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $453,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $26,000. CoreFirst Bank & Trust bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $40,000. Synergy Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $44,000. Mpwm Advisory Solutions LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $46,000. Finally, Ameriflex Group Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $49,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.0%

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $558.36 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week high of $624.13. The stock has a market cap of $22.44 billion, a PE ratio of 18.14 and a beta of 1.07. The company’s 50-day moving average price is $527.73 and its two-hundred day moving average price is $559.78.

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.