Balboa Wealth Partners Sells 2,033 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Balboa Wealth Partners reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 18.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,112 shares of the exchange traded fund’s stock after selling 2,033 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for 1.3% of Balboa Wealth Partners’ portfolio, making the stock its 13th largest position. Balboa Wealth Partners’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Ridgewood Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $25,000. Addison Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $27,000. DiNuzzo Private Wealth Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth about $28,000. Chris Bulman Inc purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $38,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $592.67 on Friday. The firm has a market capitalization of $23.42 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.42 and a 1-year high of $609.69. The company’s fifty day moving average price is $570.38 and its 200-day moving average price is $553.31.

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.