SPDR S&P MidCap 400 ETF Trust $MDY Position Trimmed by SG Americas Securities LLC

SG Americas Securities LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 49.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 104,840 shares of the exchange traded fund’s stock after selling 103,005 shares during the period. SG Americas Securities LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $59,390,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Aviso Financial Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter worth approximately $27,000. Marshall Investment Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $33,000. RMG Wealth Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $45,000. Banque Cantonale Vaudoise acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $51,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $52,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.2%

NYSEARCA MDY opened at $586.16 on Friday. The stock’s 50 day moving average is $595.72 and its two-hundred day moving average is $577.36. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13. The company has a market capitalization of $23.11 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06.

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.