WealthPLAN Partners LLC cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,296 shares of the exchange traded fund’s stock after selling 43 shares during the quarter. WealthPLAN Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $693,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Granite Bay Wealth Management LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after buying an additional 2,080,665 shares during the last quarter. Pathstone Holdings LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $485,301,000. Scarborough Advisors LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 2,656.0% during the fourth quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock worth $154,137,000 after acquiring an additional 292,768 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 41,522.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock worth $127,169,000 after purchasing an additional 237,092 shares during the period. Finally, Global Assets Advisory LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $122,938,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA:MDY opened at $562.15 on Wednesday. The stock has a 50-day simple moving average of $550.67 and a 200-day simple moving average of $542.61. The stock has a market capitalization of $22.22 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $574.11.
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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