RFG Advisory LLC Cuts Stake in SPDR S&P MidCap 400 ETF Trust $MDY

RFG Advisory LLC lowered its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 76.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,887 shares of the exchange traded fund’s stock after selling 6,029 shares during the quarter. RFG Advisory LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,327,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 4.1% during the second quarter. NewEdge Advisors LLC now owns 7,708 shares of the exchange traded fund’s stock valued at $5,421,000 after buying an additional 306 shares during the period. IFP Advisors Inc grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 13.6% during the second quarter. IFP Advisors Inc now owns 1,602 shares of the exchange traded fund’s stock valued at $1,127,000 after buying an additional 192 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $2,495,000. Waverly Advisors LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 15.6% in the second quarter. Waverly Advisors LLC now owns 14,018 shares of the exchange traded fund’s stock worth $9,860,000 after buying an additional 1,893 shares during the period. Finally, Tucker Asset Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $250,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.8%

NYSEARCA MDY opened at $678.68 on Friday. The firm has a market cap of $26.12 billion, a PE ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $568.21 and a 1-year high of $717.35. The stock has a 50-day moving average of $693.69 and a 200-day moving average of $670.53.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.