SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by GM Advisory Group LLC

GM Advisory Group LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 20.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,410 shares of the exchange traded fund’s stock after selling 627 shares during the period. GM Advisory Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,289,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Granite Bay Wealth Management LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after buying an additional 2,080,665 shares in the last quarter. Pathstone Holdings LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $485,301,000. Raymond James & Associates lifted its stake in SPDR S&P MidCap 400 ETF Trust by 2.9% in the 2nd quarter. Raymond James & Associates now owns 367,233 shares of the exchange traded fund’s stock worth $196,499,000 after purchasing an additional 10,447 shares in the last quarter. Scarborough Advisors LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2,656.0% during the 4th quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock worth $154,137,000 after purchasing an additional 292,768 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 41,522.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock worth $127,169,000 after purchasing an additional 237,092 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $572.06 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $574.11. The stock has a market cap of $22.61 billion, a PE ratio of 15.70 and a beta of 1.09. The stock has a 50 day moving average price of $551.75 and a 200 day moving average price of $542.95.

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.