SPDR S&P MidCap 400 ETF Trust $MDY Holdings Reduced by GEM Asset Management LLC

GEM Asset Management LLC decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 2,622 shares of the exchange traded fund’s stock after selling 102 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up approximately 0.8% of GEM Asset Management LLC’s investment portfolio, making the stock its 27th largest position. GEM Asset Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,512,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 12.6% in the fourth quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock valued at $1,162,000 after acquiring an additional 228 shares in the last quarter. Quantinno Capital Management LP purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $932,000. Strategic Wealth Partners Ltd. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 14.5% during the 4th quarter. Strategic Wealth Partners Ltd. now owns 1,205 shares of the exchange traded fund’s stock worth $704,000 after purchasing an additional 153 shares during the last quarter. Visionary Wealth Advisors increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.5% during the 4th quarter. Visionary Wealth Advisors now owns 633 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 44 shares during the last quarter. Finally, Waverly Advisors LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 66.8% in the 4th quarter. Waverly Advisors LLC now owns 5,164 shares of the exchange traded fund’s stock valued at $2,942,000 after buying an additional 2,069 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY opened at $600.46 on Tuesday. The company’s fifty day moving average is $585.50 and its two-hundred day moving average is $555.13. The firm has a market capitalization of $23.79 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week 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.