SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Mirae Asset Securities USA Inc.

Mirae Asset Securities USA Inc. cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 25.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 83,318 shares of the exchange traded fund’s stock after selling 27,813 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 1.9% of Mirae Asset Securities USA Inc.’s holdings, making the stock its 8th biggest holding. Mirae Asset Securities USA Inc. owned 0.21% of SPDR S&P MidCap 400 ETF Trust worth $51,387,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Resonant Capital Advisors LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 1.5% in the 1st quarter. Resonant Capital Advisors LLC now owns 9,339 shares of the exchange traded fund’s stock valued at $5,774,000 after purchasing an additional 141 shares during the last quarter. Canvas Wealth Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $503,000. Cypress Capital LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 19.6% in the first quarter. Cypress Capital LLC now owns 1,261 shares of the exchange traded fund’s stock valued at $777,000 after purchasing an additional 207 shares during the period. Whittier Trust Co. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 4.0% in the 1st quarter. Whittier Trust Co. now owns 133,073 shares of the exchange traded fund’s stock valued at $83,197,000 after buying an additional 5,097 shares during the period. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% in the 1st quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 8,200 shares of the exchange traded fund’s stock worth $5,452,000 after acquiring an additional 96 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.2%

NYSEARCA:MDY opened at $688.12 on Wednesday. The stock’s fifty day moving average is $679.97 and its two-hundred day moving average is $650.11. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $559.89 and a 52 week high of $704.45. The stock has a market capitalization of $27.06 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.