Pacific Financial Group Inc. Cuts Position in SPDR S&P MidCap 400 ETF Trust $MDY

Pacific Financial Group Inc. lessened its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 16.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,718 shares of the exchange traded fund’s stock after selling 345 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 0.8% of Pacific Financial Group Inc.’s investment portfolio, making the stock its 26th largest position. Pacific Financial Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $973,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in MDY. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $27,000. Aviso Financial Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $27,000. Alpine Bank Wealth Management purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $32,000. Marshall Investment Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $33,000. Finally, City Holding Co. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 80.0% in the 1st quarter. City Holding Co. now owns 90 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 40 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.1%

Shares of NYSEARCA MDY opened at $598.75 on Friday. The stock has a market cap of $23.64 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week high of $624.13. The company’s 50-day moving average price is $590.10 and its 200 day moving average price is $560.11.

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.