Equitable Trust Co. Reduces Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Equitable Trust Co. trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,470 shares of the exchange traded fund’s stock after selling 90 shares during the quarter. Equitable Trust Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,399,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Measured Risk Portfolios Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% in the second quarter. Measured Risk Portfolios Inc. now owns 716 shares of the exchange traded fund’s stock valued at $406,000 after purchasing an additional 19 shares during the period. Hazlett Burt & Watson Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.3% in the second quarter. Hazlett Burt & Watson Inc. now owns 377 shares of the exchange traded fund’s stock valued at $213,000 after purchasing an additional 19 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the first quarter. Stratos Wealth Partners LTD. now owns 3,945 shares of the exchange traded fund’s stock valued at $2,105,000 after purchasing an additional 20 shares during the period. Cambridge Advisors Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the second 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 period. Finally, Park Avenue Securities LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.3% in the first quarter. Park Avenue Securities LLC now owns 419 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 21 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.9%

NYSEARCA MDY opened at $594.38 on Wednesday. The company’s 50 day moving average is $592.51 and its 200-day moving average is $563.08. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $624.13. The firm has a market cap of $23.26 billion, a P/E ratio of 18.98 and a beta of 1.12.

SPDR S&P MidCap 400 ETF Trust Company 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.