SCS Capital Management LLC Sells 6,350 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

SCS Capital Management LLC reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 12.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,991 shares of the exchange traded fund’s stock after selling 6,350 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 0.3% of SCS Capital Management LLC’s investment portfolio, making the stock its 26th largest position. SCS Capital Management LLC owned 0.11% of SPDR S&P MidCap 400 ETF Trust worth $30,940,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Moore Capital Management LP increased its position in SPDR S&P MidCap 400 ETF Trust by 73.2% during the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares in the last quarter. Corient Private Wealth LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 98.3% in the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock valued at $274,651,000 after buying an additional 240,356 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in SPDR S&P MidCap 400 ETF Trust by 28.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock valued at $469,835,000 after buying an additional 175,255 shares in the last quarter. Align Financial LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $86,620,000. Finally, HRT Financial LP grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 131.9% during the fourth quarter. HRT Financial LP now owns 250,582 shares of the exchange traded fund’s stock worth $151,171,000 after buying an additional 142,512 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $716.91 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $568.21 and a 52-week high of $717.35. The company has a market capitalization of $27.59 billion, a PE ratio of 18.98 and a beta of 1.01. The company has a fifty day moving average of $693.35 and a 200-day moving average of $663.92.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.