WorthPointe LLC Reduces Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

WorthPointe LLC trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,105 shares of the exchange traded fund’s stock after selling 53 shares during the quarter. WorthPointe LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $629,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MDY. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock worth $886,000 after buying an additional 18 shares during the period. GenTrust LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% during the third quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock valued at $1,927,000 after purchasing an additional 18 shares during the period. Asset Management Group Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the second quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock worth $2,603,000 after purchasing an additional 19 shares during the last quarter. SPC Financial Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 3.2% in the 3rd quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock worth $353,000 after buying an additional 19 shares during the period. Finally, Pacific Sun Financial Corp lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.8% during the 2nd quarter. Pacific Sun Financial Corp now owns 1,140 shares of the exchange traded fund’s stock valued at $610,000 after buying an additional 20 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $616.90 on Wednesday. The company has a market capitalization of $24.38 billion, a P/E ratio of 15.70 and a beta of 1.09. The company’s 50-day simple moving average is $579.72 and its two-hundred day simple moving average is $557.38. SPDR S&P MidCap 400 ETF Trust has a one year low of $463.89 and a one year high of $624.13.

About SPDR S&P MidCap 400 ETF Trust

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.