Davies Financial Advisors Inc. Sells 150 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Davies Financial Advisors Inc. reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 1,290 shares of the exchange traded fund’s stock after selling 150 shares during the quarter. Davies Financial Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $731,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Arvest Bank Trust Division raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% in the second quarter. Arvest Bank Trust Division now owns 231,924 shares of the exchange traded fund’s stock valued at $131,380,000 after purchasing an additional 772 shares during the last quarter. Bailard Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 5.5% in the 2nd quarter. Bailard Inc. now owns 6,731 shares of the exchange traded fund’s stock valued at $3,813,000 after buying an additional 350 shares during the last quarter. CENTRAL TRUST Co lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the 2nd quarter. CENTRAL TRUST Co now owns 9,802 shares of the exchange traded fund’s stock worth $5,553,000 after buying an additional 85 shares in the last quarter. Allworth Financial LP lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 20.4% during the 2nd quarter. Allworth Financial LP now owns 10,057 shares of the exchange traded fund’s stock worth $5,697,000 after buying an additional 1,705 shares in the last quarter. Finally, Cypress Capital LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 8.7% in the 2nd quarter. Cypress Capital LLC now owns 1,086 shares of the exchange traded fund’s stock worth $615,000 after buying an additional 87 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.9%

MDY stock opened at $587.38 on Friday. The firm has a market cap of $23.15 billion, a PE ratio of 18.98 and a beta of 1.06. The business has a 50 day moving average of $596.05 and a 200-day moving average of $576.89. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month 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.