Mission Wealth Management LP Reduces Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Mission Wealth Management LP lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 17.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,154 shares of the exchange traded fund’s stock after selling 247 shares during the period. Mission Wealth Management LP’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $654,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. NorthRock Partners LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.6% during the first quarter. NorthRock Partners LLC now owns 3,602 shares of the exchange traded fund’s stock worth $1,922,000 after acquiring an additional 91 shares in the last quarter. North Star Asset Management Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 8.1% in the 1st quarter. North Star Asset Management Inc. now owns 757 shares of the exchange traded fund’s stock worth $404,000 after purchasing an additional 57 shares during the period. Pasadena Private Wealth LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth $1,200,000. Geneos Wealth Management Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1,275.0% in the first quarter. Geneos Wealth Management Inc. now owns 4,180 shares of the exchange traded fund’s stock valued at $2,230,000 after acquiring an additional 3,876 shares during the period. Finally, Modera Wealth Management LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 18.4% during the first quarter. Modera Wealth Management LLC now owns 9,561 shares of the exchange traded fund’s stock valued at $5,100,000 after buying an additional 1,485 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $592.70 on Tuesday. 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 50-day moving average is $596.58 and its 200 day moving average is $573.08. The stock has a market capitalization of $23.36 billion, a P/E 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.