Revolve Wealth Partners LLC cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 35.5% in the third quarter, Holdings Channel.com reports. The firm owned 2,354 shares of the exchange traded fund’s stock after selling 1,295 shares during the quarter. Revolve Wealth Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,546,000 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. Citizens Financial Group Inc. RI lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.9% in the third quarter. Citizens Financial Group Inc. RI now owns 61,225 shares of the exchange traded fund’s stock valued at $40,207,000 after purchasing an additional 1,733 shares in the last quarter. Valen Private Capital LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $7,571,000. Simplicity Wealth LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 97.6% during the third quarter. Simplicity Wealth LLC now owns 1,061 shares of the exchange traded fund’s stock worth $697,000 after buying an additional 524 shares during the period. Sowell Financial Services LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% during the third quarter. Sowell Financial Services LLC now owns 5,643 shares of the exchange traded fund’s stock worth $3,706,000 after buying an additional 17 shares in the last quarter. Finally, Ascent Wealth Partners LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.6% during the third quarter. Ascent Wealth Partners LLC now owns 43,795 shares of the exchange traded fund’s stock worth $28,761,000 after buying an additional 675 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
NYSEARCA:MDY opened at $660.16 on Monday. The stock has a 50-day simple moving average of $676.35 and a 200 day simple moving average of $679.11. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $568.21 and a 52-week high of $717.35. The company has a market cap of $25.64 billion, a PE ratio of 18.98 and a beta of 1.01.
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.
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