SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Heritage Investors Management Corp

Heritage Investors Management Corp lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,152 shares of the exchange traded fund’s stock after selling 769 shares during the quarter. Heritage Investors Management Corp owned 0.13% of SPDR S&P MidCap 400 ETF Trust worth $30,315,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Financial & Tax Architects LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $4,743,000. Savvy Advisors Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $620,000. Daytona Street Capital LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $633,000. Clear Trail Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $575,000. Finally, Northland Securities Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $560,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock opened at $693.70 on Friday. The stock has a fifty day moving average price of $678.21 and a 200 day moving average price of $648.33. The stock has a market cap of $27.60 billion, a PE ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $559.89 and a 1 year 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.