Steel Grove Capital Advisors LLC Sells 3,226 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Steel Grove Capital Advisors LLC decreased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 27.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,596 shares of the exchange traded fund’s stock after selling 3,226 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 0.6% of Steel Grove Capital Advisors LLC’s holdings, making the stock its 19th biggest position. Steel Grove Capital Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,600,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Granite Bay Wealth Management LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% during 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 buying an additional 2,080,665 shares during the last quarter. Pathstone Holdings LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $485,301,000. Scarborough Advisors LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 2,656.0% during the fourth quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after purchasing an additional 292,768 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 41,522.2% during the second 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 period. Finally, Global Assets Advisory LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $122,938,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.0 %

MDY opened at $566.52 on Monday. The company has a 50 day moving average of $552.03 and a 200 day moving average of $543.27. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $574.11. The company has a market cap of $22.39 billion, a PE ratio of 15.70 and a beta of 1.09.

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.