Captrust Financial Advisors reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 71,760 shares of the exchange traded fund’s stock after selling 1,509 shares during the quarter. Captrust Financial Advisors’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $42,771,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Larson Financial Group LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.8% in the 3rd quarter. Larson Financial Group LLC now owns 657 shares of the exchange traded fund’s stock valued at $392,000 after acquiring an additional 18 shares during the period. Assetmark Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 10.0% during the 3rd quarter. Assetmark Inc. now owns 209 shares of the exchange traded fund’s stock worth $125,000 after acquiring an additional 19 shares during the period. Cypress Capital LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 1.8% during the 3rd quarter. Cypress Capital LLC now owns 1,106 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 20 shares during the last quarter. Sagespring Wealth Partners LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 0.3% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 6,935 shares of the exchange traded fund’s stock valued at $4,134,000 after purchasing an additional 21 shares during the last quarter. Finally, Pacific Financial Group Inc. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.3% in the third quarter. Pacific Financial Group Inc. now owns 1,741 shares of the exchange traded fund’s stock valued at $1,038,000 after purchasing an additional 23 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Down 0.9%
Shares of NYSEARCA:MDY opened at $615.23 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $662.65. The stock has a market cap of $23.88 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. The business has a 50-day moving average price of $639.17 and a 200-day moving average price of $613.39.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
Further Reading
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