Edge Capital Group LLC Sells 1,625 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Edge Capital Group LLC reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,738 shares of the exchange traded fund’s stock after selling 1,625 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up 1.0% of Edge Capital Group LLC’s portfolio, making the stock its 24th largest holding. Edge Capital Group LLC owned approximately 0.10% of SPDR S&P MidCap 400 ETF Trust worth $21,263,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Ruedi Wealth Management Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $26,000. Ridgewood Investments LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $25,000. Addison Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $27,000. Chris Bulman Inc acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $38,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $566.52 on Friday. The business has a 50 day simple moving average of $552.03 and a 200 day simple moving average of $543.23. The company has a market capitalization of $22.39 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $574.11.

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.