SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Charter Research & Investment Group Inc.

Charter Research & Investment Group Inc. reduced its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 6,172 shares of the exchange traded fund’s stock after selling 106 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for 2.6% of Charter Research & Investment Group Inc.’s portfolio, making the stock its 9th biggest position. Charter Research & Investment Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,496,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of MDY. Hancock Prospecting Pty Ltd acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $1,533,856,000. Kingstone Capital Partners Texas LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $1,584,523,000. Northwestern Mutual Wealth Management Co. grew its stake in SPDR S&P MidCap 400 ETF Trust by 3.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock valued at $307,624,000 after acquiring an additional 20,483 shares during the period. Bank of Montreal Can increased its holdings in SPDR S&P MidCap 400 ETF Trust by 0.4% in the 2nd quarter. Bank of Montreal Can now owns 500,851 shares of the exchange traded fund’s stock worth $283,722,000 after acquiring an additional 1,910 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in SPDR S&P MidCap 400 ETF Trust by 7.0% during the first quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock worth $229,058,000 after acquiring an additional 28,167 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.4%

MDY opened at $598.63 on Thursday. The firm’s fifty day simple moving average is $596.30 and its two-hundred day simple moving average is $576.82. 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 cap of $23.60 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06.

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.