Linscomb Wealth Inc. lowered its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,112 shares of the exchange traded fund’s stock after selling 673 shares during the quarter. Linscomb Wealth Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $10,227,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in MDY. Ruedi Wealth Management Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $26,000. Ridgewood Investments LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $25,000. Addison Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $27,000. Chris Bulman Inc acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $38,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA:MDY opened at $539.18 on Wednesday. The business has a fifty day moving average of $548.46 and a 200-day moving average of $541.66. The firm has a market cap of $21.31 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.22 and a twelve month high of $574.11.
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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