Legacy Capital Wealth Partners LLC Has $508,000 Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Legacy Capital Wealth Partners LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 21.5% in the second quarter, HoldingsChannel.com reports. The firm owned 897 shares of the exchange traded fund’s stock after selling 246 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $508,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bailard Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 5.5% during the second quarter. Bailard Inc. now owns 6,731 shares of the exchange traded fund’s stock worth $3,813,000 after buying an additional 350 shares during the last quarter. 1ST Source Bank grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% during the 2nd quarter. 1ST Source Bank now owns 36,139 shares of the exchange traded fund’s stock valued at $20,472,000 after acquiring an additional 119 shares during the period. Tiller Private Wealth Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% during the 2nd quarter. Tiller Private Wealth Inc. now owns 28,354 shares of the exchange traded fund’s stock valued at $16,063,000 after acquiring an additional 333 shares during the period. Congress Asset Management Co. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 115.6% during the 2nd quarter. Congress Asset Management Co. now owns 1,356 shares of the exchange traded fund’s stock worth $768,000 after purchasing an additional 727 shares during the last quarter. Finally, Financial Partners Group LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.4% during the 2nd quarter. Financial Partners Group LLC now owns 1,857 shares of the exchange traded fund’s stock worth $1,052,000 after purchasing an additional 25 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.5%

NYSEARCA:MDY opened at $605.48 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month high of $620.21. The firm’s 50 day moving average is $593.12 and its 200 day moving average is $581.27. The stock has a market capitalization of $23.87 billion, a PE ratio of 18.98 and a beta of 1.06.

About SPDR S&P MidCap 400 ETF Trust

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.