Sigma Investment Counselors Inc. cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.6% during the third quarter, HoldingsChannel.com reports. The firm owned 804 shares of the exchange traded fund’s stock after selling 30 shares during the period. Sigma Investment Counselors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $458,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ridgewood Investments LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth approximately $25,000. Ruedi Wealth Management Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth $26,000. Addison Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $27,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth $28,000. Finally, Chris Bulman Inc acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $30,000.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.6 %
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $567.67 on Friday. The firm has a fifty day simple moving average of $563.12 and a 200-day simple moving average of $547.85. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $424.22 and a 1-year high of $585.50. The stock has a market capitalization of $22.43 billion, a price-to-earnings 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.
See Also
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- What is the S&P/TSX Index?
- Texas Roadhouse Stock Steering for New Highs This Year
- What is the Dow Jones Industrial Average (DJIA)?
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Why Invest in 5G? How to Invest in 5G Stocks
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.
