Sterling Investment Advisors Ltd. lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,851 shares of the exchange traded fund’s stock after selling 163 shares during the quarter. Sterling Investment Advisors Ltd.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,596,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Ridgewood Investments LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $25,000. Ruedi Wealth Management Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at $38,000. Toth Financial Advisory Corp increased its stake in SPDR S&P MidCap 400 ETF Trust by 68.2% in the first quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 30 shares during the last quarter. Finally, Family Firm Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at $42,000.
SPDR S&P MidCap 400 ETF Trust Stock Down 0.7 %
MDY opened at $545.25 on Friday. The stock has a market cap of $21.55 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $574.11. The business’s fifty day simple moving average is $548.03 and its 200 day simple moving average is $540.87.
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.
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