Topsail Wealth Management LLC Trims Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Topsail Wealth Management LLC cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 7.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,461 shares of the exchange traded fund’s stock after selling 275 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up 0.4% of Topsail Wealth Management LLC’s investment portfolio, making the stock its 29th largest position. Topsail Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,961,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. NorthRock Partners LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.6% in 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 during the last quarter. North Star Asset Management Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 8.1% in the first quarter. North Star Asset Management Inc. now owns 757 shares of the exchange traded fund’s stock worth $404,000 after acquiring an additional 57 shares during the last quarter. Pasadena Private Wealth LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth approximately $1,200,000. Geneos Wealth Management Inc. boosted 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 worth $2,230,000 after acquiring an additional 3,876 shares during the last quarter. Finally, Modera Wealth Management LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 18.4% in the first quarter. Modera Wealth Management LLC now owns 9,561 shares of the exchange traded fund’s stock worth $5,100,000 after acquiring an additional 1,485 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $602.47 on Friday. The company’s 50 day simple moving average is $595.28 and its 200 day simple moving average is $568.19. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The stock has a market capitalization of $23.64 billion, a PE ratio of 18.98 and a beta of 1.12.

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.