Summit Wealth Partners LLC lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 6,495 shares of the exchange traded fund’s stock after selling 95 shares during the quarter. Summit Wealth Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,476,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Brightwater Advisory LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $420,000. Heritage Wealth Management Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $230,000. Sanctuary Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $4,173,000. Creekside Partners acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $474,000. Finally, Founders Financial Alliance LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $228,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA MDY opened at $564.99 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $574.28. The firm has a market cap of $22.33 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock has a fifty day moving average price of $553.42 and a two-hundred day moving average price of $544.71.
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.
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