Blackston Financial Advisory Group LLC Reduces Position in SPDR S&P MidCap 400 ETF Trust $MDY

Blackston Financial Advisory Group LLC decreased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 28.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,006 shares of the exchange traded fund’s stock after selling 399 shares during the quarter. Blackston Financial Advisory Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $570,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MDY. Measured Risk Portfolios Inc. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% in the 2nd quarter. Measured Risk Portfolios Inc. now owns 716 shares of the exchange traded fund’s stock valued at $406,000 after acquiring an additional 19 shares during the period. Hazlett Burt & Watson Inc. boosted its stake in SPDR S&P MidCap 400 ETF Trust by 5.3% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 377 shares of the exchange traded fund’s stock worth $213,000 after purchasing an additional 19 shares during the period. Bank of Jackson Hole Trust grew its position in SPDR S&P MidCap 400 ETF Trust by 3.6% during the 2nd quarter. Bank of Jackson Hole Trust now owns 541 shares of the exchange traded fund’s stock worth $306,000 after purchasing an additional 19 shares during the last quarter. Cambridge Advisors Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 0.5% in the second quarter. Cambridge Advisors Inc. now owns 3,894 shares of the exchange traded fund’s stock valued at $2,206,000 after purchasing an additional 20 shares during the period. Finally, Norden Group LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.1% in the first quarter. Norden Group LLC now owns 723 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 22 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.2%

Shares of NYSEARCA:MDY opened at $592.78 on Monday. The company has a market cap of $23.37 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. The firm’s 50-day simple moving average is $596.05 and its 200-day simple moving average is $575.57. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13.

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.