Sonata Capital Group Inc. Reduces Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Sonata Capital Group Inc. reduced its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 7,476 shares of the exchange traded fund’s stock after selling 120 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 1.7% of Sonata Capital Group Inc.’s holdings, making the stock its 16th largest holding. Sonata Capital Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hancock Prospecting Pty Ltd acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $1,584,523,000. Starr Indemnity & Liability Co purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $35,957,000. SCS Capital Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $32,862,000. Finally, Choreo LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 575.6% during the 1st 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 during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $591.26 on Thursday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The stock has a market cap of $23.47 billion, a PE ratio of 18.98 and a beta of 1.12. The business’s fifty day moving average price is $594.51 and its two-hundred day moving average price is $565.75.

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.