NewEdge Advisors LLC trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 19.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,976 shares of the exchange traded fund’s stock after selling 1,436 shares during the period. NewEdge Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,188,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently made changes to their positions in MDY. Aviso Financial Inc. purchased a new position in shares of 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 shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $27,000. Alpine Bank Wealth Management purchased a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $32,000. Marshall Investment Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $33,000. Finally, Mpwm Advisory Solutions LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $46,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of NYSEARCA:MDY opened at $597.54 on Wednesday. The company has a market cap of $23.67 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The firm has a fifty day moving average price of $583.81 and a two-hundred day moving average price of $554.18.
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.
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