SPDR S&P MidCap 400 ETF Trust $MDY is Atlantic Edge Private Wealth Management LLC’s 6th Largest Position

Atlantic Edge Private Wealth Management LLC lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,146 shares of the exchange traded fund’s stock after selling 1,300 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 3.6% of Atlantic Edge Private Wealth Management LLC’s holdings, making the stock its 6th biggest holding. Atlantic Edge Private Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $13,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $27,000. Aviso Financial Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $27,000. Alpine Bank Wealth Management purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $32,000. Marshall Investment Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $33,000. Finally, RMG Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $45,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $595.95 on Tuesday. The firm has a 50 day simple moving average of $594.18 and a 200-day simple moving average of $565.34. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The firm has a market cap of $23.65 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12.

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.