Kingswood Wealth Advisors LLC Lowers Position in SPDR S&P MidCap 400 ETF Trust $MDY

Kingswood Wealth Advisors LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 20.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 880 shares of the exchange traded fund’s stock after selling 225 shares during the period. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $499,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MDY. Aviso Financial Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at $27,000. Barnes Dennig Private Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at $27,000. Alpine Bank Wealth Management bought a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at $32,000. Marshall Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at $33,000. Finally, RMG Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at $45,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.1%

MDY opened at $594.43 on Friday. The stock has a market cap of $23.61 billion, a PE ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week high of $624.13. The business’s fifty day simple moving average is $591.60 and its 200 day simple moving average is $562.02.

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.