Colorado Capital Management Inc. Sells 808 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Colorado Capital Management Inc. lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.2% in the second quarter, Holdings Channel.com reports. The firm owned 7,098 shares of the exchange traded fund’s stock after selling 808 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.7% of Colorado Capital Management Inc.’s investment portfolio, making the stock its 20th biggest holding. Colorado Capital Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,992,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Financial & Tax Architects LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth approximately $4,743,000. Kestra Advisory Services LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 42.8% during the first quarter. Kestra Advisory Services LLC now owns 37,293 shares of the exchange traded fund’s stock valued at $23,001,000 after acquiring an additional 11,174 shares during the last quarter. Northland Securities Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $560,000. RFG Advisory LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 50.4% during the fourth quarter. RFG Advisory LLC now owns 8,034 shares of the exchange traded fund’s stock worth $4,847,000 after acquiring an additional 2,694 shares during the period. Finally, Patriot Investment Management Group Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $1,572,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.4%

MDY stock opened at $709.16 on Friday. The stock has a market cap of $27.30 billion, a P/E ratio of 18.98 and a beta of 1.01. The stock’s fifty day simple moving average is $690.45 and its two-hundred day simple moving average is $661.35. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $567.90 and a 1-year high of $710.42.

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.