Janney Montgomery Scott LLC Sells 8,233 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Janney Montgomery Scott LLC lowered its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 15.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,437 shares of the exchange traded fund’s stock after selling 8,233 shares during the period. Janney Montgomery Scott LLC owned approximately 0.11% of SPDR S&P MidCap 400 ETF Trust worth $27,407,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MDY. Savvy Advisors Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $620,000. Daytona Street Capital LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $633,000. Clear Trail Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $575,000. Torrey Payne Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $10,046,000. Finally, Northland Securities Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $560,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.4%

SPDR S&P MidCap 400 ETF Trust stock opened at $697.92 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $559.89 and a 12-month high of $704.12. The business’s 50-day moving average price is $676.34 and its two-hundred day moving average price is $646.61. The stock has a market cap of $27.42 billion, a PE ratio of 18.98 and a beta of 1.01.

SPDR S&P MidCap 400 ETF Trust Company 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.