SPDR S&P MidCap 400 ETF Trust $MDY Stake Decreased by Dumont & Blake Investment Advisors LLC

Dumont & Blake Investment Advisors LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,711 shares of the exchange traded fund’s stock after selling 1,355 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 2.8% of Dumont & Blake Investment Advisors LLC’s investment portfolio, making the stock its 6th largest position. Dumont & Blake Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $10,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of MDY. Barnes Dennig Private Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $27,000. Aviso Financial Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $27,000. Alpine Bank Wealth Management purchased a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $32,000. Marshall Investment Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $33,000. Finally, RMG Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $45,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $588.86 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The company’s 50 day moving average price is $593.64 and its 200 day moving average price is $564.17. The firm has a market capitalization of $23.37 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12.

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.