Bernard Wealth Management Corp. Sells 100 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Bernard Wealth Management Corp. lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 35.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 181 shares of the exchange traded fund’s stock after selling 100 shares during the quarter. Bernard Wealth Management Corp.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cyndeo Wealth Partners LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 43.3% in the second quarter. Cyndeo Wealth Partners LLC now owns 16,774 shares of the exchange traded fund’s stock worth $9,502,000 after acquiring an additional 5,072 shares during the last quarter. Coordinated Financial Services Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $359,000. Beacon Bridge Wealth Partners LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.5% in the second quarter. Beacon Bridge Wealth Partners LLC now owns 2,407 shares of the exchange traded fund’s stock worth $1,364,000 after acquiring an additional 103 shares during the last quarter. IFP Advisors Inc grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 45.7% in the second quarter. IFP Advisors Inc now owns 1,324 shares of the exchange traded fund’s stock worth $750,000 after acquiring an additional 415 shares during the last quarter. Finally, Blair William & Co. IL grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.5% in the second quarter. Blair William & Co. IL now owns 78,366 shares of the exchange traded fund’s stock worth $44,393,000 after acquiring an additional 2,685 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 2.8%

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $577.77 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The company’s fifty day simple moving average is $591.81 and its 200-day simple moving average is $562.21. The company has a market cap of $22.95 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12.

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.