Truepoint Inc. Sells 400 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Truepoint Inc. lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 31.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 876 shares of the exchange traded fund’s stock after selling 400 shares during the period. Truepoint Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Hancock Prospecting Pty Ltd purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth $1,533,856,000. Kingstone Capital Partners Texas LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $1,584,523,000. Northwestern Mutual Wealth Management Co. increased its stake in SPDR S&P MidCap 400 ETF Trust by 3.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock worth $307,624,000 after acquiring an additional 20,483 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% during the 2nd quarter. Bank of Montreal Can now owns 500,851 shares of the exchange traded fund’s stock worth $283,722,000 after acquiring an additional 1,910 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% during the 1st quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock valued at $229,058,000 after acquiring an additional 28,167 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.2%

SPDR S&P MidCap 400 ETF Trust stock opened at $586.16 on Friday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $624.13. The company’s 50-day moving average price is $595.72 and its 200-day moving average price is $577.36. The company has a market cap of $23.11 billion, a PE ratio of 18.98 and a beta of 1.06.

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.