Sowell Financial Services LLC Boosts Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Sowell Financial Services LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.1% during the 2nd quarter, Holdings Channel reports. The firm owned 5,153 shares of the exchange traded fund’s stock after buying an additional 107 shares during the quarter. Sowell Financial Services LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,919,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $27,000. Aviso Financial Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $27,000. Alpine Bank Wealth Management purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $32,000. Marshall Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $33,000. Finally, City Holding Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 80.0% in the first quarter. City Holding Co. now owns 90 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 40 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.0%

Shares of MDY opened at $599.42 on Monday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week high of $624.13. The company has a market capitalization of $23.75 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. The stock’s 50-day moving average price is $587.05 and its 200-day moving average price is $556.61.

SPDR S&P MidCap 400 ETF Trust Company 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.