Matrix Asset Advisors Inc. NY Sells 269 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Matrix Asset Advisors Inc. NY cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,200 shares of the exchange traded fund’s stock after selling 269 shares during the period. Matrix Asset Advisors Inc. NY’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,512,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDY. Hancock Prospecting Pty Ltd bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $1,584,523,000. Starr Indemnity & Liability Co bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $35,957,000. SCS Capital Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $32,862,000. Finally, Choreo LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 575.6% during the first quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock worth $28,988,000 after acquiring an additional 46,295 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 2.8%

MDY stock opened at $577.77 on Friday. The business’s 50-day moving average price is $591.81 and its two-hundred day moving average price is $562.32. The firm has a market cap of $22.95 billion, a PE ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13.

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.