GM Advisory Group LLC Lowers Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

GM Advisory Group LLC decreased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 20.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,410 shares of the exchange traded fund’s stock after selling 627 shares during the quarter. GM Advisory Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,289,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MDY. Pacific Sun Financial Corp boosted its position in SPDR S&P MidCap 400 ETF Trust by 1.8% during the second quarter. Pacific Sun Financial Corp now owns 1,140 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 20 shares in the last quarter. Bristlecone Advisors LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% during the 2nd quarter. Bristlecone Advisors LLC now owns 6,374 shares of the exchange traded fund’s stock valued at $3,410,000 after buying an additional 20 shares in the last quarter. TFG Advisers LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 2.6% in the 1st quarter. TFG Advisers LLC now owns 828 shares of the exchange traded fund’s stock valued at $461,000 after acquiring an additional 21 shares during the period. Garrett Wealth Advisory Group LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 6.4% in the 2nd quarter. Garrett Wealth Advisory Group LLC now owns 397 shares of the exchange traded fund’s stock worth $212,000 after acquiring an additional 24 shares in the last quarter. Finally, Farrow Financial Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 0.8% during the second quarter. Farrow Financial Inc. now owns 3,352 shares of the exchange traded fund’s stock worth $1,794,000 after acquiring an additional 28 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.7 %

Shares of NYSEARCA MDY opened at $572.06 on Friday. The firm has a market cap of $22.61 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The company’s 50-day simple moving average is $551.75 and its 200-day simple moving average is $542.95. 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 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.