Conservest Capital Advisors Inc. Sells 4,715 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Conservest Capital Advisors Inc. reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 218,195 shares of the exchange traded fund’s stock after selling 4,715 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 12.2% of Conservest Capital Advisors Inc.’s investment portfolio, making the stock its 2nd biggest position. Conservest Capital Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $123,606,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Aviso Financial Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $27,000. Barnes Dennig Private Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $27,000. Marshall Investment Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $33,000. RMG Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $45,000. Finally, Smallwood Wealth Investment Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $48,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $602.47 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 stock has a market capitalization of $23.64 billion, a PE ratio of 18.98 and a beta of 1.12. The business’s 50 day moving average price is $595.28 and its 200 day moving average price is $568.19.

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.