SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 93.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 757 shares of the exchange traded fund’s stock after selling 10,581 shares during the quarter. NewEdge Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $467,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial & Tax Architects LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $4,743,000. Savvy Advisors Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $620,000. Daytona Street Capital LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $633,000. Northland Securities Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $560,000. Finally, RFG Advisory LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 50.4% in the 4th quarter. RFG Advisory LLC now owns 8,034 shares of the exchange traded fund’s stock valued at $4,847,000 after purchasing an additional 2,694 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.0%

NYSEARCA:MDY opened at $692.97 on Wednesday. The firm has a market cap of $26.98 billion, a P/E ratio of 18.98 and a beta of 1.00. The stock’s 50 day simple moving average is $686.94 and its 200-day simple moving average is $658.07. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $559.89 and a 12-month high of $704.45.

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.