SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Ascent Wealth Partners LLC

Ascent Wealth Partners LLC lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 35.4% during the first quarter, Holdings Channel reports. The fund owned 41,532 shares of the exchange traded fund’s stock after selling 22,796 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 3.0% of Ascent Wealth Partners LLC’s investment portfolio, making the stock its 4th largest position. Ascent Wealth Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $25,615,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Sound Income Strategies LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 177.8% during the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 32 shares during the period. High Point Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $34,000. EFG International AG purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $40,000. Ascentis Independent Advisors acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 51 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $688.75 on Friday. The company’s 50 day moving average price is $683.37 and its 200 day moving average price is $654.04. The firm has a market capitalization of $26.88 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $559.89 and a fifty-two week high of $704.45.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.