Sterling Investment Advisors Ltd. cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,755 shares of the exchange traded fund’s stock after selling 96 shares during the quarter. Sterling Investment Advisors Ltd.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,709,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Ruedi Wealth Management Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $26,000. Ridgewood Investments LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $25,000. Addison Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $27,000. DiNuzzo Private Wealth Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $28,000. Finally, Chris Bulman Inc purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $30,000.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.6 %
Shares of MDY stock traded down $3.43 during trading hours on Friday, hitting $567.67. The company’s stock had a trading volume of 716,669 shares, compared to its average volume of 823,138. The stock has a market cap of $22.43 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $585.50. The company has a 50 day moving average of $563.46 and a 200 day moving average of $547.98.
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.
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