Hobart Private Capital LLC Sells 120 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Hobart Private Capital LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 25.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 357 shares of the exchange traded fund’s stock after selling 120 shares during the quarter. Hobart Private Capital LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $202,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MDY. Hancock Prospecting Pty Ltd bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $1,584,523,000. Starr Indemnity & Liability Co purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth $35,957,000. SCS Capital Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $32,862,000. Finally, Choreo LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 575.6% during the 1st quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock valued at $28,988,000 after purchasing an additional 46,295 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $602.47 on Friday. The company’s 50-day simple moving average is $595.28 and its two-hundred day simple moving average is $567.50. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The company has a market capitalization of $23.64 billion, a P/E ratio of 18.98 and a beta of 1.12.

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.