Glassman Wealth Services Has $1.05 Million Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Glassman Wealth Services reduced its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,858 shares of the exchange traded fund’s stock after selling 97 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 0.2% of Glassman Wealth Services’ investment portfolio, making the stock its 23rd biggest position. Glassman Wealth Services’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,053,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hancock Prospecting Pty Ltd bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $1,584,523,000. Atlantic Union Bankshares Corp acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $51,517,000. Starr Indemnity & Liability Co bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $35,957,000. Finally, Midwest Trust Co acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $36,377,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $587.38 on Friday. The business’s fifty day moving average price is $596.05 and its two-hundred day moving average price is $576.89. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13. The stock has a market capitalization of $23.15 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06.

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.