SPDR S&P MidCap 400 ETF Trust $MDY Holdings Reduced by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. cut its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.8% during the third quarter, HoldingsChannel reports. The firm owned 55,183 shares of the exchange traded fund’s stock after selling 1,032 shares during the quarter. Pinnacle Associates Ltd.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $36,239,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Rogco LP acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $39,000. N.E.W. Advisory Services LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% during the 2nd quarter. N.E.W. Advisory Services LLC now owns 57 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 30 shares during the last quarter. Ascentis Independent Advisors acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $41,000. Pension & Wealth Management Advisors Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $43,000. Finally, RMG Wealth Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $53,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $666.92 on Wednesday. The firm has a market capitalization of $25.80 billion, a PE ratio of 18.98 and a beta of 1.01. The business’s fifty day moving average price is $679.34 and its 200 day moving average price is $678.24. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $568.21 and a 12 month high of $717.35.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.