Mendel Money Management Trims Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Mendel Money Management lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 470 shares of the exchange traded fund’s stock after selling 27 shares during the period. Mendel Money Management’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MDY. Hancock Prospecting Pty Ltd purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $1,584,523,000. Starr Indemnity & Liability Co acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $35,957,000. SCS Capital Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $32,862,000. Finally, Choreo LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 575.6% during the first quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock valued at $28,988,000 after buying an additional 46,295 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $599.47 on Wednesday. The firm has a market cap of $23.52 billion, a PE ratio of 18.98 and a beta of 1.06. The firm’s fifty day moving average is $596.08 and its 200 day moving average is $570.00. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13.

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.