Moors & Cabot Inc. Has $904,000 Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Moors & Cabot Inc. trimmed its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,689 shares of the exchange traded fund’s stock after selling 97 shares during the period. Moors & Cabot Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $904,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Granite Bay Wealth Management LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after acquiring an additional 2,080,665 shares in the last quarter. Pathstone Holdings LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $485,301,000. Scarborough Advisors LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 2,656.0% in the 4th quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after acquiring an additional 292,768 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 41,522.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock valued at $127,169,000 after acquiring an additional 237,092 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at approximately $122,938,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $562.44 on Thursday. The stock has a market capitalization of $22.23 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The stock’s 50 day moving average price is $551.24 and its two-hundred day moving average price is $542.75. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week 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.