GUNN & Co INVESTMENT MANAGEMENT INC. Sells 6,124 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

GUNN & Co INVESTMENT MANAGEMENT INC. trimmed its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 92.5% in the third quarter, HoldingsChannel reports. The firm owned 500 shares of the exchange traded fund’s stock after selling 6,124 shares during the quarter. GUNN & Co INVESTMENT MANAGEMENT INC.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 5,960 shares of the exchange traded fund’s stock valued at $3,316,000 after acquiring an additional 277 shares during the period. Cypress Wealth Services LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $270,000. Register Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $52,000. Trifecta Capital Advisors LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% in the first quarter. Trifecta Capital Advisors LLC now owns 20,928 shares of the exchange traded fund’s stock valued at $11,644,000 after acquiring an additional 198 shares during the period. Finally, Toth Financial Advisory Corp boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 68.2% in the first quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 30 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $570.00 on Thursday. The firm has a 50-day moving average of $562.70 and a 200-day moving average of $547.69. The stock has a market cap of $22.53 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $585.50.

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.